Alpha Modus cancels 40.1M share issuance to CEO trust after price drop to $0.88

ALPHA MODUS HOLDINGS, INC.

Terminated Aug. 14 exchange agreement with The Alessi 2023 Irrevocable Trust due to stock decline.
Agreement would have swapped 4.3M Series C Preferred shares for 40,111,940 common shares; now cancelled.
Stock price fell from ~$1.10 on Aug 15 to $0.8839 on Sept 5, prompting cancellation.
No shares issued under cancelled agreement; preferred shares remain unchanged.

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