Alpha Modus Holdings cancels stock exchange agreement with CEO’s family trust

Alpha Modus Holdings, Inc. (NASDAQ:AMOD) announced Monday that it has terminated a previously disclosed exchange agreement with The Alessi 2023 Irrevocable Trust, a family trust of CEO William Alessi. The agreement, originally entered into on August 14, 2025, would have involved the trust exchanging 4,300,000 shares of Series C Preferred Stock for 40,111,940 shares of Class A common stock. The company, currently valued at $37 million by market capitalization, has seen its stock decline over 90% in the past year according to InvestingPro data.

According to a press release statement included in the company’s SEC filing, the cancellation agreement was reached after the closing price of Alpha Modus’s Class A common stock declined from approximately $1.10 per share on August 15, 2025, to $0.8839 per share on September 5, 2025. As a result, Alpha Modus will not issue the 40,111,940 shares of Class A common stock that were contemplated under the exchange agreement.

The company’s Class A common stock and redeemable warrants are listed on The Nasdaq Stock Market under the symbols NASDAQ:AMOD and NASDAQ:AMODW, respectively.

Alpha Modus Holdings is incorporated in Delaware and is classified under the patent owners and lessors industry. The company confirmed its status as an emerging growth company in the filing.

This information is based on a statement from the company’s press release included in its Form 8-K SEC filing.

In other recent news, Alpha Modus Holdings Inc. has been actively involved in several significant developments. The company announced a capital restructuring agreement that will eliminate approximately $41 million in mezzanine equity and remove all preferred stock from its balance sheet. This restructuring involves the exchange of Series C Preferred Stock for Class A common stock, with certain transfer restrictions in place until 2026. Additionally, Alpha Modus has filed multiple patent infringement lawsuits, including actions against Creative Realities, Cust2Mate, and Cooler Screens, alleging infringement on various patented technologies related to retail and consumer engagement.

In a strategic move, Alpha Modus has also partnered with VSBLTY Groupe Technologies Corp. to expand its retail technology ecosystem. This partnership includes a reseller and technology integration agreement, allowing Alpha Modus to resell VSBLTY’s platform in the United States and establish revenue-sharing models. The company is actively defending against a patent infringement lawsuit filed by Alpha Modus Corp. against Creative Realities, concerning digital signage solutions. These recent developments highlight Alpha Modus’s focus on strengthening its financial position and expanding its technological offerings in the retail sector.

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