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CORNELIUS, N.C. - Alpha Modus Holdings Inc. (NASDAQ:AMOD), a micro-cap technology company currently valued at $16.87 million, has entered into a U.S. reseller agreement with Genmega, Inc., a manufacturer of self-service kiosks and ATMs, according to a press release issued Wednesday. According to InvestingPro analysis, the company currently appears undervalued despite its shares falling nearly 90% over the past year.
The partnership aims to expand the deployment of Alpha Modus’ CashX platform, which offers services including tailored advertising, bill payment, money transfer, online shopping, mobile top up and check cashing through AI-enabled kiosks. The company trades at a modest P/E ratio of 10.7, though InvestingPro data indicates it operates with relatively weak financial health metrics.
William Alessi, CEO of Alpha Modus, stated that the agreement "allows us to accelerate CashX deployments through an experienced partner trusted by major financial networks and national retailers."
Genmega’s distribution network is expected to streamline installations and support across the U.S. for Alpha Modus’ kiosk solutions.
Thomas Gallagher, Alpha Modus Chief Revenue Officer, described the partnership as "a pivotal milestone in our rollout strategy" that would help the company scale its infrastructure.
The announcement follows Alpha Modus’ recent patent licensing agreement with VSBLTY (OTC:VSBLT).
According to industry data cited in the company statement, U.S. retail media ad spend is projected to exceed $60 billion in 2025, while the global self-service kiosk market is currently valued between $28-36 billion and expected to double by 2030.
Alpha Modus develops AI-driven retail technologies designed for in-store engagement and consumer insights.
In other recent news, Alpha Modus Holdings, Inc. announced a significant change to its capital structure, as the CEO’s affiliated family trusts converted Series C Preferred Stock into Class A Common Stock, enhancing shareholder equity by approximately $31 million. This move is expected to strengthen the company’s financial flexibility and improve solvency metrics by eliminating around $31 million in preferred equity obligations. In related developments, Alpha Modus reached a confidential settlement in its patent litigation against The Kroger Co., ending the dispute over intelligent retail display systems. The settlement underscores the strength of Alpha Modus’s patent portfolio, according to CEO William Alessi. Meanwhile, Alpha Modus Ventures, LLC filed a patent infringement lawsuit against Cisco Systems, Inc., alleging unauthorized use of patented Fibre Channel over Ethernet technology. On the personnel front, Alpha Modus appointed Tim Matthews as the new Head of Deployment Strategy to lead the expansion of its CashX smart kiosk network. Matthews brings nearly two decades of fintech and digital product launch experience to the role. These developments reflect Alpha Modus’s ongoing efforts to protect its intellectual property and drive innovation in AI-driven retail technology.
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