Alpha Modus (AMOD)announced that one of the affiliated family trusts of its CEO has initiated a $1.5M financing commitment to support the company’s upcoming growth and commercialization efforts. This initial capital infusion Alessi committed to in June will be provided through a one-year promissory note, with the right to convert amounts owed under the note into company common stock at a fixed, non-variable conversion price of $5 per share, significantly above the current trading price, underscoring strong insider confidence and a long-term commitment to shareholder value. The CEO-led financing is structured to be non-dilutive unless voluntarily converted, and the $5 conversion price is significantly above recent trading levels-demonstrating management’s alignment with long-term shareholder interests. The funding will be used to accelerate the rollout of large-scale contracts, expand integration of Alpha Modus’s AI IP, and drive licensing revenues through active enforcement of its robust patent portfolio.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMOD:
- Alpha Modus Holdings Transfers Listings to Nasdaq
- Alpha Modus Holdings Amends CFO Compensation Agreement
- Alpha Modus gets confirmation of listing transfer, confirms Nasdaq compliance
- Alpha Modus awarded U.S. Patent for AI retail technology portfolio
- Alpha Modus expands CashX to African specialty retailers