Business
Alpha Modus and Insight Acquisition Corp. Announce Effectiveness of Form S-4 Registration Statement for Proposed Business Combination
INAQ’s Special Meeting of Stockholders to Approve the Business Combination Scheduled to be Held on October 14, 2024 CORNELIUS, N.C. and NEW YORK, Sept. 19,
About this update from Alpha Modus Holdings, Inc.
[{"type":"text","content":"INAQ’s Special Meeting of Stockholders to Approve the Business Combination Scheduled to be Held on October 14, 2024 CORNELIUS, N.C. and NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Alpha Modus Corp. (\"Alpha Modus\"), a technology company with a core focus on artificial intelligence in retail, and Insight Acquisition Corp. (“Insight”) (NASDAQ: INAQ), a publicly traded special purpose acquisition company, announced today that the U.S. Securities and Exchange Commission (\"SEC\") has declared effective the registration statement on Form S-4 (as amended, the \"Registration Statement\") filed with the SEC related to the previously announced business combination (the “Business Combination”). Insight has also filed with the SEC the definitive proxy statement for its special meeting of stockholders (the “Special Meeting”), to, among other things, approve the Business Combination. Upon closing of the Business Combination, which is subject to stockholder approval, the combined company will operate as “Alpha Modus Holdings, Inc.” and its common stock and warrants are expected to commence trading on the Nasdaq Global Market (\"Nasdaq\") under the tickers \"AMOD\" and \"AMODW\", respectively, shortly thereafter. For additional details regarding the Business Combination, please see the sources described below under, “Important Information About the Proposed Business Combination and Where to Find It”. Special Meeting Details The Special Meeting will be held virtually on October 14, 2024, at 10:30 a.m., Eastern Time at https://www.cstproxy.com/insightacqcorp/sm2024 for Insight stockholders of record as of the close of business on September 18, 2024, the record date. At the Special Meeting, Insight’s stockholders will be asked to consider and vote upon proposals to approve the Business Combination and related matters. Advisors CHW Strategic Advisors is acting as Alpha Modus’ M&A advisor on the transaction. Maxim Group LLC served as capital markets advisor to Alpha Modus. Loeb & Loeb LLP is acting as legal counsel to Insight. Brunson Chandler & Jones, PLLC is acting as legal counsel to Alpha Modus. About Alpha Modus Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers' in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North C...