Corporate ActionJun 8, 2026, 08:14 AM

Alpha Modus Converts 3.87M Series C Preferred Shares to Common Stock

AI Summary

Alpha Modus Holdings, Inc. announced the completion of the conversion of approximately 3.87 million shares of Series C Preferred Stock into common stock. This transaction, representing about 90% of outstanding Series C Preferred Stock, significantly simplifies the company's capital structure, reduces mezzanine equity, and supports its plan to regain compliance with Nasdaq listing standards. CEO William Alessi emphasized that this move aligns insider ownership with common shareholders, reflecting confidence in the company's long-term opportunities.

Key Highlights

Alpha Modus completed the conversion of approximately 3.87 million Series C Preferred Stock shares.
This conversion represents about 90% of the Company's outstanding Series C Preferred Stock.
The transaction simplifies the capital structure by eliminating most legacy preferred equity.
It reduces mezzanine equity on the balance sheet.
The conversion supports the Company's plan to regain compliance with Nasdaq listing standards.
It aligns one of the largest shareholder groups (Alessi family trusts) with common shareholders.

View SEC Filing

AMOD

Multi-Sector Companies

ALPHA MODUS HOLDINGS, INC.

Price Impact