debt
confidence high
sentiment negative
materiality 0.65
Alpha Modus amends convertible note with Streeterville; monthly payments deferred to May 2025
ALPHA MODUS HOLDINGS, INC.
- Original $2.89M note (net $2.6M) from Streeterville Capital; stock below $4.00 floor triggered mandatory prepayment.
- Amendment delays monthly payments from March 16, 2025 to May 16, 2025.
- Monthly payments set at $485,000 plus accrued interest, multiplied by 120% prepayment premium.
- Company must pay 50% of equity line-of-credit proceeds to Streeterville within one trading day.