debt
confidence high
sentiment neutral
materiality 0.55
ALPHA MODUS HOLDINGS, INC. (AMOD): debt financing — Alpha Modus issues $2.14M convertible note to CEO family trust; $1.5M funded at 8% OID
ALPHA MODUS HOLDINGS, INC.
- Principal $2,142,857; $1.5M funded (original issue discount $642,857); 8% interest; matures April 30, 2026.
- Note is convertible into Class A common at $5.00/share, at holder's election.
- Lender is The Alessi 2023 Irrevocable Trust, a trust of CEO William Alessi (related-party transaction).
- Funds received on or about July 10, 2025; note dated July 10, 2025.