Alpha Modus CEO affiliates to exchange preferred stock for common stock

Alpha Modus (AMOD)Holdings announced that CEO William Alessi’s affiliated family trusts have agreed to voluntarily exchange a substantial portion-3.2 million shares-of their Series C Preferred Stock into 26,079,868 shares of Class A Common Stock, and have agreed to lock-up those shares of common stock until June 13, 2026. This strategic move will significantly reduce the preferred equity stack, eliminate associated key stock price downside protections associated with the preferred stock being exchanged, and underscore growing optimism about the Company’s immediate future trajectory. While the Alessi family will retain a portion of their original preferred holdings, this major exchange signals a strong alignment with the Company’s common shareholders and a personal financial commitment to the Company’s long-term success by the CEO’s family.