Alpha Modus Regains Compliance With Nasdaq Listing Rules
MT Newswires Live
30 mins ago
Alpha Modus (AMOD) said Thursday it has regained compliance with Nasdaq's continued listing rules, specifically the minimum stockholders' equity requirement of $2.5 million.
The firm said in a regulatory filing that it currently has stockholders' equity well in excess of $200 million after a recent closing of a private investment in public equity transaction.
Alpha said it issued about 51.6 million Class A shares and warrants to buy some 51.6 million additional shares to investors for 3,170 bitcoin.
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