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AlphaVest Acquisition Corporation ( (ATMV) ) has provided an announcement.
On September 5, 2025, AlphaVest Acquisition Corp held an extraordinary general meeting where shareholders approved a business combination with AMC Corporation, including a domestication from the Cayman Islands to Delaware and a name change to AMC Robotics Corporation. The transaction, expected to close in the coming weeks, involves $8 million in PIPE financing to accelerate AMC’s development of an AI-powered warehouse solution, aiming to enhance its market position and growth strategy.
More about AlphaVest Acquisition Corporation
AMC Corporation is a technology solutions company specializing in smart enterprise and consumer safety and security products. The company is known for its YI security cameras and has developed an AI-powered quadruped robot for warehouse patrol and incident response.
Average Trading Volume: 22,899
Technical Sentiment Signal: Buy
Current Market Cap: $71.04M
For detailed information about ATMV stock, go to TipRanks’ Stock Analysis page.