SplitJun 8, 2026, 06:11 AM
Alpha Modus Holdings to effect 1-for-40 reverse stock split
AI Summary
Alpha Modus Holdings, Inc. filed a Certificate of Amendment to its Certificate of Incorporation on June 3, 2026, to implement a 1-for-40 reverse stock split of its Class A common stock. This action is solely intended to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The split is expected to become effective on June 15, 2026, and will result in approximately 1,382,410 shares outstanding on a pro forma basis, down from 55,296,375. The company's authorized shares will not be affected, and fractional shares will be rounded up.
Key Highlights
- Alpha Modus Holdings to effect a 1-for-40 reverse stock split of its Class A common stock.
- The reverse stock split is solely to restore compliance with Nasdaq's $1.00 minimum bid price requirement.
- The split is expected to become effective and trade on a split-adjusted basis on June 15, 2026.
- Outstanding Class A shares will reduce from approximately 55,296,375 to 1,382,410 pro forma.
- Fractional shares will be rounded up to the nearest whole share, with no cash consideration.
- The company's authorized shares of Class A common stock (200,000,000) will remain unchanged.
- Options, warrants, and convertible securities will be appropriately adjusted by dividing by 40.
Price Impact
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