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AlphaVest Amends Business Combination with AMC

Story Highlights
  • AlphaVest Acquisition Corp amended its Business Combination Agreement with AMC Corporation.
  • The amendment increased the Enterprise Value and extended the termination date, impacting shareholder decisions.
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AlphaVest Amends Business Combination with AMC

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AlphaVest Acquisition Corporation ( (ATMV) ) has issued an announcement.

On June 25, 2025, AlphaVest Acquisition Corp, a Cayman Islands exempted company, amended its Business Combination Agreement with AMC Corporation, a Washington corporation, originally dated August 16, 2024. The amendment increased the Enterprise Value from $175 million to $180 million and extended the termination date to December 31, 2025. This amendment signifies a strategic adjustment in the ongoing business combination process, potentially impacting shareholder decisions and the company’s market positioning.

More about AlphaVest Acquisition Corporation

Average Trading Volume: 22,396

Technical Sentiment Signal: Hold

Current Market Cap: $45.6M

For a thorough assessment of ATMV stock, go to TipRanks’ Stock Analysis page.

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