debt
confidence high
sentiment neutral
materiality 0.75
Alpha Modus enters up to $10M secured financing with Streeterville Capital; initial $2.19M pre-paid purchase closed
ALPHA MODUS HOLDINGS, INC.
- Entered securities purchase agreement with Streeterville Capital for up to $10M in secured pre-paid purchases of common stock.
- Initial closing on June 30, 2026: $2,190,000 pre-paid purchase (8% OID, 8% interest) and 450,000 pre-delivery shares for $2,000,045.
- Pre-paid purchases secured by all assets of company and subsidiaries, including IP; subordination agreements with CEO and CSO.
- Chris Chumas converted 430,000 Series C Preferred shares into 304,412 common shares as required by the agreement.
- After issuances, company had 4,876,593 Class A common shares outstanding.