Alpha Modus files patent infringement lawsuit against Cooler Screens

CORNELIUS, N.C. - Alpha Modus Holdings Inc. (NASDAQ:AMOD), a micro-cap technology company currently valued at $46.16 million, announced Monday it has filed a patent infringement lawsuit against Cooler Screens, Inc. in the United States District Court for the Northern District of Illinois. The company’s stock has faced significant headwinds, declining 90% over the past year.

The complaint (Case No. 1:25-cv-10004) alleges that Cooler Screens infringed on Alpha Modus’s patented technologies related to in-store consumer engagement and analytics.

The legal action follows recent settlements of separate lawsuits that Alpha Modus brought against Kroger and Walgreens regarding their deployments of Cooler Screens technology. The terms of those settlements remain confidential.

"Alpha Modus invests heavily in developing and protecting innovations that enhance the in-store experience," said William Alessi, Chief Executive Officer of Alpha Modus. "Today’s filing reflects our continued commitment to ensure our intellectual property is respected and that the market has a clear path to licensed, compliant solutions."

According to the complaint, Cooler Screens’ digital smart display systems, when deployed in retail environments, practice methods and systems claimed in Alpha Modus patents.

Alpha Modus describes itself as a provider of AI-powered retail engagement technologies. The company states in its press release that it focuses on redefining retail experiences through patented AI technologies, intelligent kiosks, and consumer engagement tools.

The company’s shares are listed on the Nasdaq under the ticker symbol AMOD.

In other recent news, Alpha Modus Holdings Inc. announced a significant capital restructuring that eliminates approximately $41 million in mezzanine equity and removes all preferred stock from its balance sheet. This move involves an exchange agreement with The Alessi 2023 Irrevocable Trust, which will swap 4.3 million shares of Series C Preferred Stock for 40,111,940 shares of Class A common stock. In addition, Alpha Modus has fully resolved and extinguished all variable rate debt associated with its DESPAC process, marking the end of a strategic initiative aimed at maintaining its capital structure. The company has also secured exclusive U.S. licensing rights to deploy and monetize CashX kiosks and mobile applications nationwide. Furthermore, Alpha Modus has entered into a reseller and technology integration agreement with VSBLTY Groupe Technologies Corp., expanding its AI-powered retail technology offerings. These recent developments position Alpha Modus to enhance its market presence and financial stability.

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