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Alpha Modus and Insight Acquisition Corp. Announce Effectiveness of Form S-4 Registration Statement for Proposed Business Combination
Insight Acquisition Insight Acquisition (US:INAQ) GlobeNewswire News Roomยท2024-09-19 13:00

Core Viewpoint - Alpha Modus Corp. is set to merge with Insight Acquisition Corp., with a special meeting scheduled for October 14, 2024, to approve the business combination [1][4][7] Group 1: Business Combination Details - The U.S. SEC has declared effective the registration statement related to the business combination, which will result in the formation of "Alpha Modus Holdings, Inc." [1][2] - The common stock and warrants of the combined company are expected to trade on Nasdaq under the tickers "AMOD" and "AMODW" shortly after the closing of the business combination [2] - The special meeting will be held virtually for Insight stockholders of record as of September 18, 2024, to vote on the business combination and related matters [4] Group 2: Company Background - Alpha Modus focuses on creating, developing, and licensing data-driven technologies to enhance the in-store digital experience for consumers [6] - Founded in 2014, Alpha Modus is headquartered in Cornelius, North Carolina [6] Group 3: Advisory and Legal Counsel - CHW Strategic Advisors is acting as M&A advisor for Alpha Modus, while Maxim Group LLC serves as capital markets advisor [5] - Legal counsel for Insight is provided by Loeb & Loeb LLP, and for Alpha Modus by Brunson Chandler & Jones, PLLC [5]