---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-063506"
form_type: "8-K"
ticker: "AMOD"
cik: "0001862463"
company_name: "ALPHA MODUS HOLDINGS, INC."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:53:49.433726+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Insight Acquisition Corp. sees 88% share redemption after extension vote; trust drops to $28.7M

## Summary
- Shareholders redeemed 21,151,393 Class A shares (88.1% of IPO units) in connection with extension.
- Trust account reduced to ~$28.7M (from ~$230M pre-redemption); only 2.85M shares outstanding.
- Approved charter amendments: extend deadline to April 7, 2023 (with up to 5 additional months to Sept 2023).
- Charter amendments also remove net tangible asset redemption limitation and allow optional Class B-to-Class A conversion before a business combination.

## SEC filing metadata
- accession: 0001193125-23-063506
- form_type: 8-K
- ticker: AMOD
- cik: 0001862463
- company_name: ALPHA MODUS HOLDINGS, INC.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/d461444d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-063506
- JSON: https://secwatch.observer/filing/0001193125-23-063506.json
- Plain text: https://secwatch.observer/filing/0001193125-23-063506.txt

## Key facts
- Governance Changes
  ALPHA MODUS HOLDINGS, INC.: Amended charter to allow Class B common stock holders to convert shares to Class A common stock on a one-for-one basis before business combination closing, at holder's election (effective 2023-03-06).
  - Change: charter amendment
  - Effective: 2023-03-06
  source text: amendment to the Company’s amended and restated certificate of incorporation (the “ Charter ”) to implement the Charter Amendment Proposals
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- Governance Changes
  ALPHA MODUS HOLDINGS, INC.: Amended charter to eliminate net tangible assets redemption limitation of $5,000,001 (effective 2023-03-06).
  - Change: charter amendment
  - Effective: 2023-03-06
  source text: amendment to the Company’s amended and restated certificate of incorporation (the “ Charter ”) to implement the Charter Amendment Proposals
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- Governance Changes
  ALPHA MODUS HOLDINGS, INC.: Amended charter to extend business combination deadline from March 7 to April 7, 2023, with board discretion to extend up to five additional months to September 7, 2023 (effective 2023-03-06).
  - Change: charter amendment
  - Effective: 2023-03-06
  source text: amendment to the Company’s amended and restated certificate of incorporation (the “ Charter ”) to implement the Charter Amendment Proposals
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- Shareholder Votes
  ALPHA MODUS HOLDINGS, INC. shareholders approved Second Charter Amendment Proposal - amend charter to eliminate redemption limitation at the 2023-03-06 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-03-06
  source text: Second Charter Amendment Proposal The Second Charter Amendment Proposal was approved. The voting results of the outstanding shares of INAQ common stock at the Special Meeting and entitled to vote thereon were as follows: For Against Abstentions 20,839,496 1,271 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- Shareholder Votes
  ALPHA MODUS HOLDINGS, INC. shareholders approved Third Charter Amendment Proposal - amend charter to allow Class B common stock conversion on one-for-one basis at the 2023-03-06 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-03-06
  source text: Third Charter Amendment Proposal The Third Charter Amendment Proposal was approved. The voting results of the outstanding shares of INAQ common stock at the Special Meeting and entitled to vote thereon were as follows: For Against Abstentions 20,839,496 1,271 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm
- Shareholder Votes
  ALPHA MODUS HOLDINGS, INC. shareholders approved First Charter Amendment Proposal - amend charter to extend business combination deadline at the 2023-03-06 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-03-06
  source text: First Charter Amendment Proposal The First Charter Amendment Proposal was approved. The voting results of the outstanding shares of INAQ common stock at the Special Meeting and entitled to vote thereon were as follows: For Against Abstentions 20,807,774 32,993 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862463/000119312523063506/0001193125-23-063506-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
