Alpha Modus Holdings Faces Delisting Concerns
Ticker: AMODW · Form: 8-K · Filed: Jan 10, 2025 · CIK: 1862463
Sentiment: bearish
Topics: delisting, listing-standards, corporate-action
Related Tickers: AMOD
TL;DR
AMOD might get delisted, check listing requirements ASAP.
AI Summary
Alpha Modus Holdings, Inc. filed an 8-K on January 10, 2025, reporting a notice of delisting or failure to meet continued listing standards as of January 6, 2025. The company, formerly known as Insight Acquisition Corp., is incorporated in Delaware and has its principal business address in Cornelius, NC.
Why It Matters
This filing indicates potential issues with Alpha Modus Holdings' ability to remain listed on its current exchange, which could significantly impact its stock liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.
Key Players & Entities
- ALPHA MODUS HOLDINGS, INC. (company) — Registrant
- Insight Acquisition Corp. (company) — Former company name
- January 6, 2025 (date) — Earliest event date
- January 10, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Cornelius, NC (location) — Business address
FAQ
What specific listing rule or standard has Alpha Modus Holdings, Inc. failed to meet?
The filing states it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard' but does not specify the exact rule or standard in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on January 6, 2025.
What was Alpha Modus Holdings, Inc. previously named?
The company was formerly named Insight Acquisition Corp. /DE.
In which state is Alpha Modus Holdings, Inc. incorporated?
Alpha Modus Holdings, Inc. is incorporated in Delaware.
What is the business address of Alpha Modus Holdings, Inc.?
The business address is 20311 Chartwell Center Dr., #1469, Cornelius, NC 28031.
Filing Stats: 977 words · 4 min read · ~3 pages · Grade level 15.8 · Accepted 2025-01-10 17:15:28
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share AMOD The Nasdaq Stock Mar
- $11.50 — A Common Stock at an exercise price of $11.50 AMODW The Nasdaq Stock Market, LLC
- $15,000,000 — of publicly held shares (" MVPHS ") of $15,000,000 required by Nasdaq's Listing Rules (the
Filing Documents
- form8-k.htm (8-K) — 44KB
- 0001493152-25-001781.txt ( ) — 265KB
- amod-20250106.xsd (EX-101.SCH) — 4KB
- amod-20250106_def.xml (EX-101.DEF) — 29KB
- amod-20250106_lab.xml (EX-101.LAB) — 36KB
- amod-20250106_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 6KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. January 6, 2025, Alpha Modus Holdings, Inc. (the " Company ") received a written notice (the " Notice ") from the Listing Qualifications Department of The Nasdaq Stock Market (" Nasdaq ") indicating that the Company no longer meets the minimum market value of publicly held shares (" MVPHS ") of $15,000,000 required by Nasdaq's Listing Rules (the " Rules "). The Notice has no immediate effect on the listing or trading of the Company's securities, except that an indicator will be displayed with quotation information related to the Company's securities on NASDAQ.com and NASDAQTrader.com and may be displayed by other third-party providers of market data information. If the Company fails to timely regain compliance with the Rules, the Company's securities will be subject to delisting from Nasdaq. Under the Rules, the Company has 180 calendar days, or until July 7, 2025, to regain compliance. If the Company's MVPHS closes at $15,000,000 or more for a minimum of ten consecutive business days during this period, Nasdaq will provide the Company with written confirmation of compliance, and the matter will be closed. If the Company's common stock ultimately were to be delisted for any reason, it could negatively impact the Company by (i) reducing the liquidity and market price of the Company's common stock; (ii) reducing the number of investors willing to hold or acquire the Company's common stock, which could negatively impact the Company's ability to raise equity financing; (iii) limiting the Company's ability to use a registration statement to offer and sell freely tradable securities, thereby preventing the Company from accessing the public capital markets; and (iv) impairing the Company's ability to provide equity incentives to its employees. Disclosure Regarding Forward-Looking Information This Current Report on Form 8-K contains forward-looking statem
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. ALPHA MODUS HOLDINGS, INC. Date: January 10, 2025 By: /s/ William Alessi Name: William Alessi Title: President and Chief Executive Officer