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CORNELIUS, N.C. - Alpha Modus Holdings, Inc. (NASDAQ:AMOD), a company specializing in AI-driven retail technology, has reached a confidential settlement in its patent litigation against The Kroger Co., ending the dispute over Alpha Modus’s intelligent retail display systems. The lawsuit, which was filed in the United States District Court for the Eastern District of Texas, has been dismissed with prejudice following the agreement. The news has contributed to AMOD’s recent market performance, with the stock showing an 11.3% gain over the past week, according to InvestingPro data.
William Alessi, CEO of Alpha Modus Holdings, stated that the settlement serves as a testament to the strength and enforceability of the company’s patent portfolio. According to Alessi, this development not only validates Alpha Modus’s intellectual property rights but also reflects the company’s ongoing commitment to protecting its innovations and enhancing shareholder value.
While the terms of the settlement remain undisclosed, the resolution of this case allows Alpha Modus to continue its efforts in defending and monetizing its patents. The company is actively pursuing the protection of its intellectual property across the retail and technology sectors, focusing on expanding its portfolio and leveraging it through enforcement actions, strategic settlements, and licensing deals. InvestingPro data reveals the company operates with a moderate debt level, maintaining a total debt to capital ratio of 5%, though its current ratio of 0.23 suggests potential liquidity challenges.
Alpha Modus is known for its development and licensing of data-driven technologies aimed at improving consumer engagement and optimizing in-store experiences in the retail industry. Headquartered in Cornelius, North Carolina, the company is dedicated to driving the evolution of retail through innovation and strategic partnerships.
The information presented in this article is based on a press release statement from Alpha Modus. The company has issued forward-looking statements regarding its future performance, which are speculative in nature and should not be relied upon as guarantees of future events. Alpha Modus advises readers to exercise caution with respect to such forward-looking statements.
For additional details on Alpha Modus and its portfolio of innovations, interested parties are directed to the company’s website. The company currently trades at a P/E ratio of 10.45, with InvestingPro analysis suggesting the stock is currently overvalued. Subscribers to InvestingPro can access 8 additional key insights about AMOD’s financial health and market position, along with detailed valuation metrics and growth indicators.
In other recent news, Alpha Modus Holdings, Inc. has been actively involved in several significant legal and strategic developments. The company has filed a patent infringement lawsuit against Broadcom Inc., alleging unauthorized use of its patents related to Fibre Channel data transportation over Ethernet. Additionally, Alpha Modus initiated another lawsuit against OptiSigns, Inc., claiming infringement of its patented digital signage technologies. These legal actions are part of Alpha Modus’s broader strategy to protect its intellectual property and potentially enhance shareholder value.
In a related development, Alpha Modus settled a patent infringement lawsuit with Wakefern and Shelf Nine, paving the way for a strategic partnership with VSBLTY Groupe Technologies Corp. This settlement affirms the company’s intellectual property rights and could lead to the integration of its technology with VSBLTY’s data analytics software. Furthermore, Alpha Modus has entered into a strategic reseller agreement with GlobeTopper, granting exclusive rights to sell digital transaction solutions through its AI-powered kiosks.
On the regulatory front, Alpha Modus received a notice from the Nasdaq Stock Market indicating it no longer meets the minimum market value requirement for continued listing. The company has until August 4, 2025, to regain compliance. Failure to do so could result in delisting, which may impact liquidity and investor interest. These developments highlight Alpha Modus’s ongoing efforts to expand its market presence while navigating regulatory challenges.
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