secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA MODUS HOLDINGS, INC. (AMOD)
CIK:        0001862463
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001213900-24-055299
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight Acquisition Corp. amends BCA with Alpha Modus, modifies underwriting fees, and secures waiver from sponsor
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- BCA amendment exchanges 6,145,000 common and 7,500,000 Series C preferred shares for IAC shares; each Alpha Modus share gets 1 IAC share plus earnout rights.
- Outside date extended to September 9, 2024 from June 7, 2024.
- Cantor Fitzgerald accepts 210,000 shares in lieu of $3.0M cash deferred underwriting discount; Odeon accepts 90,000 shares for $1.0M.
- Sponsor and Michael Singer waive all past/future amounts due ($15,000/mo management, $10,000/mo administration) in exchange for 125,000 IAC shares at closing.
- Eliminated conditions: combined company no longer required to pay up to $2.0M indebtedness to Polar and Janbella at closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024055299/0001213900-24-055299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024055299/ea0208089-8k_insight.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-055299

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