Stock market today: S&P 500 hits fresh record close on stronger economic growth
CORNELIUS, N.C. - Alpha Modus Holdings Inc. (NASDAQ:AMOD), currently trading at $1.26 with a market capitalization of $17.4 million, received approval from Nasdaq to transfer its securities listing to the Nasdaq Capital Market, effective July 14, 2025, the company announced Thursday.
According to the company’s press release, the transfer resolves Alpha Modus’s prior Nasdaq listing deficiencies, bringing the AI-driven retail technology firm into full compliance with Nasdaq’s listing requirements.
"Our transition to the Nasdaq Capital Market is approved, our compliance is confirmed, and our trajectory is forward," said William Alessi, CEO of Alpha Modus Holdings.
The company, which focuses on AI-driven retail technology and owns a portfolio of patents in this field, stated that the move aligns with its current growth phase and operational trajectory.
Alpha Modus also affirmed its commitment to avoiding derivative or toxic financings in the future while focusing on scaling its enterprise rollout pipeline and enforcing its patent rights.
The company aims to convert patent infringement into licensing deals and partnerships to build recurring revenue streams based on its intellectual property portfolio.
Alpha Modus Holdings will maintain its NASDAQ: AMOD ticker symbol following the transfer to the Nasdaq Capital Market.
The information in this article is based on a company press release statement.
In other recent news, Alpha Modus Holdings, Inc. has been granted a U.S. patent for its technology related to AI-powered retail environments. This patent supports the company’s initiatives in real-time shopper engagement and digital signage. Additionally, Alpha Modus has installed its first CashX Financial Services Kiosk at Afia Grocery in Louisville as part of a strategy targeting diaspora communities across the United States. The company plans to roll out over 250 kiosks offering services such as check cashing and international money transfers. In financial developments, CEO William Alessi has committed $3 million in debt financing to support the company’s operations, aligning his interests with shareholders. Alpha Modus has also signed a reseller agreement with Genmega to expand its kiosk deployment. This partnership is expected to accelerate the rollout of CashX kiosks nationwide. Furthermore, Alpha Modus Ventures, LLC has filed a patent infringement lawsuit against Cisco Systems, Inc., alleging unauthorized use of its Fibre Channel over Ethernet technology. The company seeks monetary damages for Cisco’s past use of the patented technology.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.