Alpha Modus restructures capital, retires $41M in mezzanine equity

* Alpha Modus (NASDAQ:AMOD [https://seekingalpha.com/symbol/AMOD]) has entered a transformative capital restructuring agreement to eliminate ~$41M in mezzanine equity.
* The move retires all remaining Series C Preferred Stock, marking the complete removal of preferred equity from the balance sheet.
* 4.3M Series C shares held by The Alessi 2023 Irrevocable Trust will convert into 40.1M Class A common shares.
* The newly issued common shares will be restricted from transfer until June 13, 2026, promoting long-term alignment with shareholders.
* The restructuring significantly reduces stockholders’ deficit, improves financial flexibility, and simplifies the capital structure for investors.
* AMOD shares up 2.7% premarket on Monday.
* Source: Press release [https://seekingalpha.com/pr/20203524-alpha-modus-agrees-to-preferred-stock-exchange-to-eliminate-41-million-in-mezzanine-equity]

MORE ON ALPHA MODUS HOLDINGS, INC.

* Financial information for Alpha Modus Holdings, Inc. [https://seekingalpha.com/symbol/AMOD/income-statement]