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Alpha Modus Holdings ( (AMOD) ) has issued an announcement.
Alpha Modus Holdings has successfully completed a business combination with Insight Acquisition Corp., resulting in the commencement of trading on the Nasdaq Global Market under the symbols ‘AMOD’ and ‘AMODW’. The business combination led to the conversion of shares and the issuance of new shares, with a total of 12,455,252 shares of Class A common stock and 7,500,000 shares of Series C Preferred Stock now outstanding. A portion of the proceeds from the trust account was used to redeem shares and cover expenses related to the transaction, with the remaining funds allocated for general corporate purposes. This corporate move signifies a strategic repositioning for Alpha Modus Holdings in its market.
More about Alpha Modus Holdings
YTD Price Performance: -76.00%
Average Trading Volume: 14,944
Technical Sentiment Consensus Rating: Buy
See more data about AMOD stock on TipRanks’ Stock Analysis page.
