ALPHA MODUS HOLDINGS, INC. 8-K
Research Summary
AI-generated summary
Alpha Modus Holdings, Inc. Completes Preferred-to-Common Exchange
What Happened
- Alpha Modus Holdings, Inc. (AMOD) filed a Form 8-K on June 8, 2026 disclosing that, pursuant to an exchange agreement dated April 8, 2026 with the family trust of CEO William Alessi, the company issued 109,588,265 shares of Class A common stock on June 5, 2026 in exchange for 3,870,000 shares of Series C preferred stock.
- After the issuance, the company reported 164,884,640 shares of Class A common stock outstanding.
Key Details
- Exchange agreement date: April 8, 2026; issuance date: June 5, 2026; 8-K filed: June 8, 2026.
- Shares exchanged: 3,870,000 Series C preferred → 109,588,265 Class A common.
- Outstanding Class A common after exchange: 164,884,640 shares.
- Stated purpose: to increase the market value of listed securities to regain compliance with Nasdaq’s MVLS alternative listing standard (minimum market value of listed securities of $35 million) and materially reduce the company’s stockholders’ deficit.
Why It Matters
- This transaction increases the company’s publicly traded common share count and is intended to raise the market value of listed securities to meet Nasdaq’s MVLS threshold, which is relevant to continued listing status.
- Investors should note the large conversion ratio and the potential impact of a much higher share count on per-share metrics; the filing states the move is also meant to materially reduce stockholders’ deficit.
- No other financial terms, cash payments, or forward-looking projections were disclosed in the 8-K; investors should monitor future filings for additional details on Nasdaq compliance and financial effects.
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