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Alpha Modus Holdings, Inc. (NASDAQ:AMOD) announced Monday it has entered into an amended employment agreement with its Chief Financial Officer, Rodney Sperry. According to a statement in a recent SEC filing, the new agreement increases Mr. Sperry’s annual salary to $144,000, with half of the amount, $72,000, to be paid in cash and the remaining $72,000 to be paid in shares of the company’s common stock.
The equity portion of the compensation will be delivered quarterly, with the number of shares determined by the closing price of Alpha Modus Holdings’ common stock on the Nasdaq Stock Market as of the last trading day of each fiscal quarter, starting July 1, 2025.
The amended agreement was executed on July 11, 2025. No other changes to Mr. Sperry’s role or the company’s executive team were disclosed in the filing.
Alpha Modus Holdings is incorporated in Delaware and is listed on the Nasdaq Stock Market under the ticker AMOD. The company’s redeemable warrants trade under the symbol AMODW.
This information is based on a press release statement included in the company’s Form 8-K filed with the Securities and Exchange Commission.
In other recent news, Alpha Modus Holdings Inc. announced several significant developments. The company received approval to transfer its listing to the Nasdaq Capital Market, which resolves prior listing deficiencies and aligns with its growth phase. Alpha Modus was also granted a U.S. patent for technology related to real-time shopper engagement and autonomous retail optimization, enhancing its intellectual property portfolio. Furthermore, the company deployed its first CashX Financial Services Kiosk at an African specialty retailer in Louisville, marking the start of a broader national strategy targeting over 250 diaspora-centered locations. CEO William Alessi committed up to $3 million in debt financing to support operations, aligning his interests with shareholders and avoiding third-party derivative financing. Additionally, Alpha Modus entered a U.S. reseller agreement with Genmega to expand the deployment of its CashX platform, aiming to accelerate kiosk installations across the country. The company continues to focus on monetizing its patent portfolio and anticipates reaching positive cash flow by the end of 2025. These developments reflect Alpha Modus’s ongoing efforts to expand its operations and strengthen its market position.
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