Brief: Alpha Modus To List On Nasdaq Via Business Combination Agreement With Insight Acquisition

Alpha Modus Holdings

16/10/2023 13:59

Oct 16 (Reuters) - Insight Acquisition Corp  INAQ.O :
    * ALPHA MODUS TO LIST ON NASDAQ VIA BUSINESS COMBINATION
AGREEMENT
WITH INSIGHT ACQUISITION CORP.
    * INSIGHT ACQUISITION CORP-PROPOSED BUSINESS COMBINATION
REFLECTS
AN IMPLIED PRO-FORMA ENTERPRISE VALUE OF APPROXIMATELY $175
MILLION
    * INSIGHT ACQUISITION CORP-PROPOSED DEAL ALSO HAS POTENTIAL
$22
MILLION EARN OUT FOR ALPHA MODUS STOCKHOLDERS AND $7.5 MILLION
EARN OUT FOR INSIGHT'S SPONSOR

Source text for Eikon:  ID:nGNX6WKDpL 
Further company coverage:  INAQ.O 

 ((Reuters.Briefs@thomsonreuters.com;))