Alpha Modus CEO Family Commits Initial $1.5M in Strategic Financing (at $5 Fixed Strike Conversion Price) Strengthens Company's Capital Position Ahead of Major Growth Initiatives
GlobeNewswire News Roomยท2025-07-15 12:30
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 significant ...