secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA MODUS HOLDINGS, INC. (AMOD)
CIK:        0001862463
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001213900-24-035794
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight Acquisition Corp. overhauls leadership after CFO misused trust funds; Singer CEO, Worman CFO
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- Board learned CFO Jeff Gary withdrew $2.5M from trust account; $1.05M used for business expenses; sponsor repaid trust in March 2024 plus $36k interest.
- Jeff Gary resigned as director, removed from CEO/CFO roles, appointed Assistant Finance Manager effective April 21, 2024.
- Michael Singer appointed CEO; Glenn Worman hired as CFO through SeatonHill Partners, effective immediately.
- Gary agreed to reimburse company for all fees and expenses related to Worman's engagement as CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024035794/0001213900-24-035794-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024035794/ea0204544-8k_insight.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-035794

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