Alpha Modus executes 1-for-40 reverse stock split to meet NASDAQ requirements

Alpha Modus Holdings Inc. (NASDAQ: AMOD) filed a certificate of amendment with Delaware on June 3, 2026, to execute a 1-for-40 reverse stock split of its Class A common stock. The reverse split will become effective June 15, 2026.

The company stated the reverse split is intended to restore compliance with NASDAQ's $1.00 minimum bid price requirement for continued listing.

Under the reverse split, every 40 shares of Class A common stock will convert to one share. No fractional shares will be issued, with shareholders receiving whole shares rounded up where applicable. The company's stock will continue trading under the "AMOD" symbol but with a new CUSIP number 020952206.

Prior to the reverse split, Alpha Modus had approximately 55.3 million shares of Class A common stock outstanding. Following the split, the company expects approximately 1.4 million shares to remain outstanding. The authorized share count of 200 million Class A shares remains unchanged.

Shareholders holding electronic shares through brokerages require no action, as the split will be reflected automatically in their accounts. Those holding paper certificates may send them to the transfer agent Continental Stock Transfer & Trust Company for new certificates reflecting the split terms.

The reverse split received approval from holders of a majority of the company's outstanding voting stock on May 15, 2026. The split does not affect the company's Class B common stock or preferred stock, and shareholders' proportional ownership interests remain virtually unchanged except for minor adjustments from fractional share rounding.

Outstanding options, warrants and convertible securities will be adjusted proportionally, with exercise quantities divided by 40 and exercise prices multiplied by 40.

You May Also Be Interested In

• SEI names Rob Wrzesniewski head of Stratos technology
• GlobalFoundries qualifies SLATE packaging on 9SW RF platform
• CoreWeave signs sponsorship deal with BattleBots as AI cloud partner