Latest news with #Alessi
Yahoo
a day ago
- Business
- Yahoo
Alpha Modus Agrees to Preferred Stock Exchange to Eliminate ~$41 Million in Mezzanine Equity, Strengthening Balance Sheet, and Fully Aligning Insider Interests
CHARLOTTE, N.C., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD) ('Alpha Modus' or the 'Company'), a leader in AI-powered retail engagement technologies, today announced that it has entered into an agreement for a transformative capital restructuring that will eliminate approximately $41 million in mezzanine equity, dramatically reduce the Company's stockholders' deficit, retire its last remaining preferred stock, and deliver a cleaner, shareholder-aligned capital structure designed for sustainable growth. This transaction marks the final step in removing all preferred equity from Alpha Modus' balance sheet and strengthening the Company's financial foundation. The sole remaining preferred stockholder, The Alessi 2023 Irrevocable Trust, will exchange approximately 4.3 million shares of Series C Preferred Stock for 40,111,940 shares of Class A common stock. Under the terms of the agreement, the common shares that will be issued will be subject to a transfer restriction through June 13, 2026 (except for permitted transfers to affiliates), ensuring long-term insider alignment with shareholders. 'This is a decisive move that will not only eliminate ~$41 million in mezzanine equity and reduce the Company's stockholders' deficit, but it also sends a strong signal of insider confidence in Alpha Modus' long-term strategy,' said William Alessi, Chief Executive Officer of Alpha Modus. 'By agreeing to this exchange, my family has agreed to forego the downside price protection my family trust previously had holding preferred stock. We have created a simpler, stronger, and more investor-friendly capital structure that positions us to fully capitalize on our technology portfolio and market opportunities.' Transaction Benefits Eliminates ~$41 million in mezzanine equity, reducing stockholders' deficit and improving financial strength and flexibility. Retires all remaining Series C Preferred Stock Aligns insider holdings with long-term common shareholder interests. Simplifies the Company's capital structure, enhancing transparency for current and prospective investors. For more information, visit: About Alpha Modus Holdings Modus Holdings Inc. (NASDAQ: AMOD) is redefining the retail experience through its patented AI technologies, intelligent kiosks, and targeted consumer engagement tools. By integrating innovation with infrastructure, Alpha Modus is unlocking new monetization pathways for retailers and fintech providers alike. For more information and to access Alpha Modus' press room, visit: Forward-Looking StatementsThis press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor RelationsAlpha Modus Holdings, ir@ Follow us on LinkedIn | Follow us on XError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hypebeast
07-08-2025
- Entertainment
- Hypebeast
From Alessi to Supreme: Phaidon's New Monograph Explores the Full Scope of Alessandro Mendini's Work
Summary Alessandro Mendini: Imagination Takes Commandis the first comprehensive monograph dedicated to the visionary Italian designer, architect and criticAlessandro Mendini. Published byPhaidonand authored by Stefano Casciani – Mendini's longtime collaborator and friend – the book offers an intimate and richly illustrated account of Mendini's boundary-pushing work. Spanning his contributions to Italy's Radical design movement and Postmodernism, the volume includes collaborations with brands like Alessi, Hermès, Swarovski and Supreme, as well as his editorial leadership atDomusmagazine. The 300-page hardcover features over 300 illustrations, including previously unpublished photographs, sketches and ephemera that reflect Mendini's eccentric and emotionally resonant design language. From furniture and product design to architecture and editorial work, the book captures the full scope of his creative universe — one defined by vivid color, playful form and intellectual depth. True to Mendini's aesthetic, the book itself is a collectible object. It comes wrapped in a pink cloth cover featuring one of Mendini's iconic magazine designs on the front and a sketch of his celebrated Proust chair on the back. Die-cut laminated chapter openers with wavy edges add a tactile, whimsical touch, reinforcing the designer's belief that imagination should always take command. Alessandro Mendini: Imagination Takes Commandis now available for purchase via Phaidon'swebstore, retailing at £100 GBP/ $150 USD.
Fast Company
21-07-2025
- Business
- Fast Company
Storytelling isn't just for marketing
In an era where consumers are flooded with choices and noise, the most enduring brands aren't just the ones with the best features, they're the ones that make people feel seen. That philosophy guides us at Michael Graves Design, as we believe that great design begins with listening. Our products, from the iconic Alessi teakettle to our Quick Fold cane, are never created in isolation. They emerge from stories: personal, emotional, and deeply human. This commitment to storytelling isn't just a marketing strategy; it's a design principle, one that bridges purposeful delight to create pioneering products. We rely on our ' Design With ' process that embodies collaboration. Instead of designing for users, we design with them. This approach involves ethnographic research, empathy-based brainstorming sessions, and consumer preference testing, which provides us direct engagement with our community. By involving a diverse pool of users, we ensure that our products resonate on a personal level with a broad audience. This collaborative storytelling helps us uncover product opportunity gaps and ensures that our designs reflect real experiences and needs. Designs rooted in story Take our Whistling Bird Teakettle for Alessi. Beyond its functional design, with a shape that makes water boil faster, the kettle uses color to tell a purposeful story of hot and cold, and a story of morning rituals of waking up to the sound of birds chirping. This narrative transforms a simple kitchen appliance into an experience, making daily routines delightful. Likewise, our canes are designed not just for support, but to empower. Typical canes seem institutional, carry stigma, and remind users of their limitations. Our designs incorporate vibrant colors and ergonomic features, turning them into symbols of independence and style. Design transforms them from needed medical devices into desired consumer products. It's the straightforward difference between focusing on the negative and focusing on the positive. 3 lessons for entrepreneurs and brands At Michael Graves Design, we live these lessons daily, not just as best practices, but as core beliefs. These three underlying principles are adaptable across industries and team sizes. Whether you're launching a new product or building a brand from scratch, these are three powerful ways to bring people into your process and create meaningful offerings. 1. Engage your community Involving your customers early in the product development process opens a feedback loop that strengthens both the product and the relationship. At MGD, we regularly incorporate community voices through ethnographic visits and ideation sessions. Other companies can do this too by building small advisory panels, running beta programs, or simply inviting feedback and listening actively. Cocreation not only improves the end result, but it also turns customers into brand advocates. 2. Design with empathy Real empathy fuels innovation. Understand how people live, struggle, and express themselves, then design from that insight. It's the best way to increase the chances that new products will resonate with consumers and sell really well. Conduct consumer preference testing sessions where consumers can interact with 'works-like' prototypes. This invaluable feedback informed all final design refinements and assortment selection for our recent Pottery Barn collection. 3. Lead with story, not specs At MGD, every product is anchored in a story—not invented after the fact, but woven into the design process from the beginning. Specs matter, but emotional connection drives decisions. Other companies can tap into this by asking: What does this product represent to the people who use it? How do we know? Build your marketing around those stories, and you'll move from selling features to creating emotional resonance. Community storytelling with real impact This storytelling approach extends from the product design process into marketing. Our email newsletter, Monthly Delights, captures the essence of how storytelling becomes a powerful marketing force, not through sales language, but through the lived experiences of our consumers and influences. A few examples: Delaney ('Lanes'), a vibrant college senior navigating life in New York City, began using a cane during a chronic illness flare-up. Tired of dull, clinical designs, she discovered the C-Grip cane in sage green and finally found a mobility aid that matched her personality. 'This is the most comfortable cane handle I've ever used,' she shared. 'It was nice to pick a cane that felt like me.' Her story reinforces how design that honors individuality can turn a necessity into a point of pride. Greg: Design that elevates communities Greg, founder of Little Deeds, helps make homes safer for older adults and people with disabilities. He discovered our products at a CVS and was struck by how they elevated both form and function. As someone who advocates for universal design, Greg appreciated how thoughtful details, like intuitive touch points and sophisticated styling, help dissolve stigma and spark joy. 'Design like this causes us to pause for a second and think about what exactly brought that sudden sense of joy,' he said. Lindsey: Turning diagnosis into artistic empowerment Lindsey, a mixed-media artist living with multiple sclerosis, epilepsy, and Ehlers-Danlos syndrome, channels her journey into creativity. She paints vibrant abstractions of brain MRI scans, including hundreds for others living with chronic illness. When she found our red sunbaked-clay C-Grip cane, it wasn't just a mobility tool, it became a part of her expressive identity. 'It's stylish, supportive, and makes even a rough day feel a bit more put together,' she explained. At MGD, storytelling isn't a tool we add later, it's embedded from the very beginning. Listening to and telling stories helps us stay curious, unleashes our creativity, and most importantly, keeps us connected with our consumers. For brands looking to stand out, the lesson is simple: Build with people, not for them, and the story telling opportunities will follow.
Yahoo
10-07-2025
- Business
- Yahoo
Alpha Modus (NASDAQ: AMOD) Receives Confirmation of Listing Transfer to Nasdaq Capital Market, Confirms NASDAQ Compliance, Defends Capital Integrity, and Asserts Preservation of Once-in-a-Generation Asset
CORNELIUS, N.C., July 10, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings Inc. (NASDAQ: AMOD; the 'Company'), a pioneer in AI-driven retail technology, today announced that it has received approval from Nasdaq to transfer the listing of its securities to the Nasdaq Capital Market, and Nasdaq's notice to the Company, dated July 10, 2025, states that the listing transfer resolves the Company's prior Nasdaq listing deficiencies. The Company's securities will be transferred to the Nasdaq Capital Market at the opening of business on July 14, 2025. As a result, the Company will be in full compliance with Nasdaq's listing requirements and will remain listed on the Nasdaq. This strategic move aligns the Company with a listing tier more appropriate for its current growth phase and operational trajectory. 'The Company has now eliminated its past delisting risk. 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 Inc. The Company reaffirmed its unwavering commitment to capital structure integrity, stating unequivocally that it will avoid any derivative or toxic financings in the future. 'We hold a once-in-a-generation asset in the form of our patent portfolio—technology that fundamentally underpins the future of AI in retail,' Alessi continued. 'We will not squander that. We will not devalue our shareholders with toxic financings. We will extract every bit of profitability possible from this asset, and we will never put ourselves in a position that jeopardizes its value.' Alpha Modus continues to scale its enterprise rollout pipeline while aggressively enforcing its patent rights across multiple industries. By converting infringement into licensing deals and ecosystem partnerships, the Company is building a high-margin, recurring revenue stream rooted in innovation and legal defensibility. With strategic clarity, operational discipline, and a robust IP portfolio, Alpha Modus is positioned to deliver enduring value to shareholders and industry partners alike. About Alpha Modus Holdings Modus Holdings Inc. (NASDAQ: AMOD) owns a foundational portfolio of patents covering AI-driven retail technology. Through strategic licensing, enforcement actions, and enterprise deployments, the Company is shaping the future of intelligent retail environments. Learn more at the press room: About Alpha Modus Holdings Modus Holdings Inc. (NASDAQ: AMOD) owns a foundational portfolio of AI-driven retail technology patents and is scaling its product ecosystem through strategic partnerships, licensing, and enterprise rollouts. Alpha Modus empowers retailers with intelligent in-store experiences that drive consumer engagement and operational efficiency. Learn more at For more information and to access Alpha Modus' press room, visit: Forward-Looking StatementsThis press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'continue,' and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor RelationsAlpha Modus Holdings, ir@ Follow us on LinkedIn | Follow us on X
Yahoo
01-07-2025
- Science
- Yahoo
NOAA delays the cutoff of key satellite data for hurricane forecasting
The National Oceanic and Atmospheric Administration said Monday it is delaying by one month the planned cutoff of satellite data that helps forecasters track hurricanes. Meteorologists and scientists warned of severe consequences last week when NOAA said, in the midst of this year's hurricane season, that it would almost immediately discontinue key data collected by three weather satellites that the agency jointly runs with the Defense Department. The Defense Meteorological Satellite Program's microwave data gives key information that can't be gleaned from conventional satellites. That includes three-dimensional details of a storm, what's going on inside of it and what it is doing in the overnight hours, experts say. The data was initially planned to be cut off on June 30 'to mitigate a significant cybersecurity risk,' NOAA's announcement said. The agency now says it's postponing that until July 31. Peak hurricane season is usually from mid-August to mid-October. NOAA didn't immediately respond to a message seeking more details about the reason for the delay. The Navy confirmed the new date and said only that the "program no longer meets our information technology modernization requirements.' NOAA — which has been the subject of hefty Department of Government Efficiency cuts this year — said Friday the satellite program accounts for a 'single dataset in a robust suite of hurricane forecasting and modeling tools' in the National Weather Service's portfolio. The agency's 'data sources are fully capable of providing a complete suite of cutting-edge data and models that ensure the gold-standard weather forecasting the American people deserve,' a spokesperson said. But Union of Concerned Scientists science fellow Marc Alessi told The Associated Press on Friday that detecting the rapid intensification, and more accurately predicting the likely path, of storms is critical as climate change worsens the extreme weather experienced across the globe. 'Not only are we losing the ability to make better intensification forecasts, we are also losing the ability to predict accurately where a tropical cyclone could be going, if it's in its development stages,' Alessi said. "This data is essential. 'On the seasonal forecasting front, we would see the effects," he added, "but also on the long-term climate change front, we now are losing an essential piece to monitoring global warming.' ___ Alexa St. John is an Associated Press climate reporter. Follow her on X: @alexa_stjohn. Reach her at ___ Read more of AP's climate coverage at ___ The Associated Press' climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP's standards for working with philanthropies, a list of supporters and funded coverage areas at
