Core Viewpoint - Alpha Modus, Corp. has filed a second patent infringement lawsuit against Kroger, alleging willful infringement of its patents related to next-generation retail technology [1][3]. Group 1: Lawsuit Details - The lawsuit was filed on August 29, 2025, in the United States District Court for the Eastern District of Texas [1]. - This complaint focuses on Kroger's own digital platforms, asserting seven patents and a soon-to-issue patent application related to technologies such as real-time consumer monitoring and AI-powered advertising [2]. - The technologies accused of infringement include Kroger's Barrows Connected Store, Everseen Visual AI, Kroger Precision Marketing, and others [2]. Group 2: Company Statements - William Alessi, CEO of Alpha Modus, emphasized that settling a previous dispute over Cooler Screens does not exempt Kroger from infringing on Alpha Modus's broader patent portfolio [3]. - The lawsuit seeks treble damages, attorneys' fees, and a permanent injunction due to Kroger's alleged willful disregard for Alpha Modus's intellectual property rights [3]. Group 3: Company Position - Alpha Modus asserts that it will enforce its rights vigorously and is open to licensing partnerships but will pursue litigation if its rights are violated [4]. - The company's patent portfolio is recognized by major companies and is foundational to innovations in AI-driven retail technology [4].

Core Viewpoint - Alpha Modus Holdings Inc. has successfully resolved all variable rate debt associated with the DESPAC process, marking a significant milestone in its commitment to long-term shareholder value [1][2][3] Financial Strategy - The resolution of variable rate debt is part of a strategic initiative focused on preserving the integrity of the company's capital structure and avoiding dilutive derivative instruments [2][3] - The company emphasizes its commitment to not jeopardize shareholder value through toxic financing, leading to a streamlined capital structure [3] Future Outlook - With a clean capital table and no third-party variable rate debt, Alpha Modus is positioned for expansion, enhancing its appeal to institutional investors and strategic partners [3]

CORNELIUS, N.C., June 02, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a pioneer in AI-driven retail technology, today 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, ...