other material
confidence high
sentiment positive
materiality 0.85
Alpha Modus raises ~$200M in Bitcoin via PIPE: 51.6M shares + warrants at $4.36
ALPHA MODUS HOLDINGS, INC.
- Issued 51,621,560 shares and warrants for 51,621,560 shares at $4.36 exercise price.
- Purchase price: 3,170 Bitcoin valued at $71,000/BTC, totaling over $200 million.
- Warrants have 2-year term, 19.99% beneficial ownership cap, no cashless exercise.
- Company must file resale registration statement within 15 days of closing.
- Management expects transaction to materially strengthen shareholder equity and address Nasdaq listing deficiency.