secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA MODUS HOLDINGS, INC. (AMOD)
CIK:        0001862463
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001193125-23-090971
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight Acquisition Corp to acquire Avila Energy in all-stock merger valued at 12.5M shares plus earn-out
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- Redomicile from Delaware to Alberta via reverse triangular merger; combined entity renamed Avila Energy Inc.
- Closing consideration: 12.528M AB PubCo shares; earn-out up to 7M shares if VWAP ≥$15 for 20 of 30 days in 48 months.
- Lock-up: 50% of shares free at closing; remaining 50% after 1 year or if closing price ≥$12 for any 20 trading days.
- Termination fee of $5M payable by Avila to SPAC under certain conditions; forward purchase agreement with Meteora for up to 2.5M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862463/000119312523090971/0001193125-23-090971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862463/000119312523090971/d484638d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-090971

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