secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA MODUS HOLDINGS, INC. (AMOD)
CIK:        0001862463
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001213900-24-089989
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insight Acquisition Corp. enters $2.89M convertible note deal with Streeterville; special meeting set for Oct 29
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- Entered securities purchase agreement with Streeterville Capital for $2.89M secured convertible promissory note, net proceeds $2.6M.
- Note carries 10% interest, 18-month maturity, convertible into Class A common at 90% of lowest VWAP over 5 trading days.
- Note secured by all assets of Insight and Alpha Modus, including Alpha Modus's IP; Alpha Modus guarantees.
- Special meeting for business combination with Alpha Modus set for Oct 29; redemption deadline Oct 25.
- Company must seek shareholder approval for conversion capacity exceeding Nasdaq Listing Rule 5635.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024089989/0001213900-24-089989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862463/000121390024089989/ea0218449-8k425_insight.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-089989

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