Alpha Modus hires fintech expert to lead kiosk rollout

CORNELIUS, N.C. - Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a micro-cap company valued at $15.35 million specializing in AI-driven retail technology, has appointed Tim Matthews as the new Head of Deployment Strategy. Matthews, a veteran marketing executive with a background in fintech and digital product launches, will drive the expansion of the company’s CashX smart kiosk network. According to InvestingPro data, the company trades at a relatively modest P/E ratio of 10.7x, suggesting potential value opportunity despite recent market challenges.

The proprietary CashX kiosks aim to modernize the retail cash experience and are compatible with emerging crypto-enabled financial services. Matthews’ appointment follows a series of announcements from Alpha Modus reporting a surge in the adoption of CashX and its alignment with AI-powered retail infrastructure. With earnings scheduled for June 18, investors following InvestingPro analysis note the company’s moderate debt levels and operational challenges, including weak gross profit margins.

Chris Chumas, Chief Strategy Officer at Alpha Modus, expressed confidence in Matthews’ ability to lead the CashX network’s growth, emphasizing his expertise in performance marketing and digital strategy. "As the CashX network scales, Tim will ensure operational discipline, speed-to-market, and user-centricity remain central to our mission," Chumas stated.

Matthews brings nearly two decades of experience to Alpha Modus, including significant work in advertising automation, analytics, and investor-facing campaign execution. His previous role involved enhancing brand visibility for emerging tech companies. Speaking on his new role, Matthews shared his enthusiasm for leading the deployment of CashX during its expansion phase.

In his new position, Matthews will report directly to the company’s C-suite. His compensation includes base pay, equity incentives, and profit-sharing from CashX sales, which aligns his strategic outcomes with shareholder interests.

Alpha Modus Holdings, Inc. prides itself on pioneering advanced AI and real-time intelligence solutions in retail, boasting a strong intellectual property portfolio and a commitment to innovation.

This news article is based on a press release statement from Alpha Modus Holdings, Inc. The company cautions that the forward-looking statements in the press release are not guarantees of future performance and actual results may differ from expectations.

In other recent news, Alpha Modus Holdings, Inc. has undergone a significant capital restructuring. The CEO’s affiliated family trusts have converted Series C Preferred Stock into Class A Common Stock, increasing the common stock by over 26 million shares and enhancing shareholder equity by approximately $31 million. This move is expected to simplify the company’s equity calculations and reduce long-term liabilities, potentially making it more appealing to institutional investors. Additionally, Alpha Modus has settled a patent lawsuit with The Kroger Co., validating its intellectual property portfolio and allowing the company to focus on monetizing its patents further.

In another legal development, Alpha Modus has initiated a patent infringement lawsuit against Broadcom Inc., alleging unauthorized use of its foundational technologies. This lawsuit is part of the company’s broader strategy to assert and monetize its intellectual property. Furthermore, Alpha Modus has filed a separate patent infringement lawsuit against OptiSigns, Inc., targeting unauthorized use of its digital signage technologies. These legal actions reflect Alpha Modus’s commitment to protecting its innovations and enhancing shareholder value. The company continues to explore strategic partnerships and licensing agreements to expand its technology’s reach in the retail sector.

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