Corporate ActionJun 8, 2026, 08:02 AM
Alpha Modus Completes Share Exchange to Boost Market Value & Reduce Deficit
AI Summary
Alpha Modus Holdings, Inc. completed an exchange agreement on June 5, 2026, with its CEO's family trust. The company issued 109,588,265 shares of Class A common stock in exchange for 3,870,000 shares of Series C Preferred Stock. This strategic move was intended to increase the market value of the company's listed securities to regain compliance with Nasdaq's minimum market value of listed securities standard and to materially reduce the stockholders' deficit. Post-exchange, the company has 164,884,640 shares of Class A common stock outstanding.
Key Highlights
- Alpha Modus exchanged 3,870,000 Series C Preferred Shares.
- 109,588,265 shares of Class A common stock were issued in the exchange.
- The exchange aimed to increase market value for Nasdaq MVLS compliance ($35M minimum).
- The action also intended to materially reduce the Company's stockholders' deficit.
- Following the issuance, Alpha Modus had 164,884,640 Class A common shares outstanding.
Price Impact
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