Latest news with #AlphaModus'
Yahoo
6 days ago
- Business
- Yahoo
Alpha Modus Holdings, Inc. CEO Affiliates To Exchange Preferred Stock for Common Stock, Demonstrating Confidence in Near Future Outlook
CORNELIUS, N.C., June 02, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a pioneer in AI-driven retail technology, today announced that CEO William Alessi's affiliated family trusts have agreed to voluntarily exchange a substantial portion—3.2 million shares—of their Series C Preferred Stock into 26,079,868 shares of Class A Common Stock, and have agreed to lock-up those shares of common stock until June 13, 2026. This strategic move will significantly reduce the preferred equity stack, eliminate associated key stock price downside protections associated with the preferred stock being exchanged, and underscore growing optimism about the Company's immediate future trajectory. While the Alessi family will retain a portion of their original preferred holdings, this major exchange signals a strong alignment with the Company's common shareholders and a personal financial commitment to the Company's long-term success by the CEO's family. 'No one has a clearer line of sight into Alpha Modus than I do,' said CEO William Alessi. 'By voluntarily exchanging what amounts to a $32 million stake in preferred stock—complete with liquidation preferences and downside protections—into common shares, I'm making a clear, public statement: I believe Alpha Modus is undervalued, and the path forward should reward long-term common shareholders. This is not just alignment; it's commitment.' Shareholder-Focused Benefits of the Exchange Include: Removal of Liquidation Preferences and Redemption Rights on 3.2M Preferred Shares. The transaction will strip away preferential treatment on the preferred shares being exchanged, which should provide other common shareholders increased residual value. Fixing Exchange Terms at Today's ValuationThe exchange should allow common shareholders to avoid potential future dilution that could have occurred had the preferred shares being exchanged remained outstanding, by locking in the number of shares of common stock issuable upon conversion based on current market pricing, removing the risk of additional shares being issuable upon conversion of the preferred if stock prices decline in the future. Support for NASDAQ ComplianceThe transaction should enhance the Company's market value of listed securities (MVLS), aiding in compliance with NASDAQ's continued listing requirements. CEO Takes on Market RiskBy exchanging into common stock now—and agreeing to a lock-up through June 2026—the Alessi family is signaling strong conviction in Alpha Modus' growth prospects. Though not a public forecast, the CEO's decision may be viewed by shareholders as a vote of confidence in the Company's near-term outlook, and a possible signal that the CEO believes that current pricing does not reflect the Company's underlying value or achievement of operational milestones. For more information and to access Alpha Modus' press room, visit: About Alpha Modus Holdings, Modus Holdings, Inc. (NASDAQ: AMOD) is pioneering the future of retail through advanced AI and real-time intelligence. With a defensible IP portfolio and a relentless focus on innovation, Alpha Modus enables smarter retail decisions and positions its shareholders at the forefront of the AI retail revolution. 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
Associated Press
17-04-2025
- Business
- Associated Press
Alpha Modus, Corp. Takes Legal Action Against OptiSigns, Inc. for Patent Infringement
CORNELIUS, N.C., April 17, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD) ('Company') announced today that its wholly owned subsidiary, Alpha Modus, Corp. ('Alpha Modus'), a leader in AI-driven retail technology, filed a patent infringement lawsuit against OptiSigns, Inc. The lawsuit, filed on April 15, 2025, in the United States District Court for the Southern District of Texas, alleges that OptiSigns has unlawfully utilized Alpha Modus's proprietary technologies without authorization. The complaint asserts that OptiSigns's digital signage solutions infringe upon multiple patents held by Alpha Modus, including the '571, '825, '672, '890, and '880 patents. These patents encompass advanced retail marketing and advertising technologies designed to enhance consumer engagement at the point of decision. Alpha Modus's innovations enable real-time analysis of consumer behavior and product interaction, allowing businesses to dynamically adjust marketing strategies to meet immediate consumer needs. William Alessi, CEO of Alpha Modus, stated, 'This legal action underscores our commitment to protecting our intellectual property and ensuring fair competition in the marketplace. Our patented technologies are at the forefront of transforming the retail experience, and we will take all necessary steps to safeguard our innovations. The investment community should expect to see more of the same—Alpha Modus will continue to file actions against both large and small retail and technology companies in the very near future and will continue to do so for as long as necessary. We believe this aggressive strategy will not only protect our assets but also drive significant long-term shareholder value.' This lawsuit follows a series of similar actions taken by Alpha Modus to defend its intellectual property rights. In March 2025, Alpha Modus secured a landmark settlement with Shelf Nine LLC, while Shelf Nine's parent company, VSBLTY Groupe Technologies Corp., and Alpha Modus negotiate a strategic partnership for the deployment of Alpha Modus' cutting-edge technology which would include a perpetual license for Alpha Modus' patented innovations. Additionally, Alpha Modus has previously filed patent infringement lawsuits against major retailers such as Kroger, Walgreens, Wakefern, and Brookshire Grocery Co., further reinforcing its position as a protector of innovation in the retail sector. Alpha Modus's strategic partnerships, including a recent agreement with CashXAI Inc., highlight the commercial viability and industry recognition of its patented solutions. These collaborations aim to deploy Alpha Modus's technologies across extensive retail networks, enhancing consumer engagement and driving measurable returns for retailers and brands. Alpha Modus remains steadfast in its mission to develop and license data-driven technologies that enhance consumers' in-store digital experiences. Alpha Modus continues to explore strategic partnerships and licensing opportunities to expand the reach of its patented solutions. For more information about Alpha Modus and its portfolio of innovations, please visit About Alpha Modus Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Alpha Modus develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in Cornelius, North Carolina, Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships. Forward-Looking Statements This 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 Relations Alpha Modus Holdings, Inc. Email: [email protected] Website: Follow us on LinkedIn | Follow us on X
Associated Press
19-03-2025
- Business
- Associated Press
Alpha Modus: Helping Set IP Leadership Standards And Usher In A New Era Of Innovation In Retail AI
NEWMEDIAWIRE) - Artificial Intelligence is transforming the retail landscape, enabling retailers, marketers and brands to personalize the experience for consumers, boost engagement and optimize in-store experiences. In this era of online and mobile shopping retailers need an edge, and AI is providing that. Alpha Modus Holdings Inc. (NASDAQ: AMOD), the technology company specializing in AI-driven retail and fintech solutions, has been an innovator in this evolution, developing AI-driven retail technologies designed to transform the experience for everyone involved. The company uses sensors and AI to capture consumers' sentiments and impressions in the moments when they are first interacting with a product. To achieve that effectively, Alpha Modus is building new technology from digital signage to smart inventory management systems. It's deploying kiosks and targeted digital ads to make the shopping experience better for everyone. But the company has also seen its share of challenges. It has had to defend its intellectual property in patent infringement lawsuits that are ongoing today. Alpha Modus says the cases reflect the company's commitment to protecting its technology and securing rightful recognition of its innovations. The first of these cases is set for trial in November 2025. First Of More Settlements To Come? Its defense just got stronger with a patent settlement with Shelf Nine and its parent company, VSBLTY Groupe Technologies. Not only have Shelf Nine and VSBLTY agreed to put litigation behind them – validating Alpha Modus' technology claims – but they are embarking on a planned strategic partnership. 'In an industry where technological advancement often outpaces legal frameworks, it is crucial that companies assert their IP rights to ensure that their innovations are recognized and leveraged to propel the industry forward,' says William Alessi, CEO of Alpha Modus. 'Beyond the immediate benefits of this settlement, it also sets a powerful legal precedent that strengthens Alpha Modus' position in its ongoing lawsuits against other major retailers and digital signage networks. By securing this agreement, Alpha Modus has demonstrated that its patents are enforceable and valuable—making it increasingly difficult for other defendants to dismiss or undermine its claims.' While it's the first settlement in Alpha Modus' patent infringement suits, the company is hoping it isn't the last. It has patent infringement claims against Walgreens Boots Alliance Inc., Wakefern Food Corp. and Brookshire Grocery Co., among others. In the case of Walgreens, which Alpha Modus alleges willfully infringed on its patented AI-driven retail technology which enhances in-store shopping through data-driven insights, interactive advertising and consumer engagement tools, the company is seeking $500 million in damages. Alpha Modus says Walgreens's deployment of Cooler Screens digital smart screens in its stores mirrors the innovations protected under its patents, necessitating this legal action. The settlement with VSBLTY gives Alpha Modus more confidence in pursuing further legal actions and puts potential patent infringers on notice, the company says. It also reinforces its commitment to protecting its proprietary technology and its investors. 'The irony of this partnership is not lost on us—what started as a lawsuit has evolved into one of the most valuable alliances for both organizations,' said Jay Hutton, CEO of VSBLTY Groupe Technologies. 'While the circumstances of our initial engagement were far from ideal, the outcome is undeniably positive. We now have the opportunity to compete in an industry dominated by giants, backed by a portfolio of patented IP from Alpha Modus and VSBLTY. Our combined vision and execution capabilities are impressive, and we are excited about the opportunities ahead.' Game-Changing Partnership While the settlement in and of itself is good news for Alpha Modus and its shareholders, the proposed strategic partnership with VSBLTY, the maker of digital displays, may prove to be game-changing. As part of the deal VSBLTY will integrate Alpha Modus' proprietary technology into its data analytics software. Alpha Modus says that will enable smarter, more efficient and more engaging retail environments. 'This partnership underscores a fundamental truth: innovation thrives when protected and respected,' said Alessi. 'Alpha Modus is not just protecting its patents—it is shaping the future of retail AI. The fact that leading retailers and digital signage networks have integrated technologies resembling those developed by Alpha Modus demonstrates the value of our intellectual property. However, innovation without protection leads to dilution, and Alpha Modus remains committed to enforcing its IP rights where necessary.' With its technology validated, its IP portfolio strengthened and a game-changing partnership in the works, Alpha Modus says its positioned for growth. 'As the investment community takes note of this progress, one thing is certain: Alpha Modus is not just a player in the retail AI space—it is a pioneer defining its future,' says Alessi.
