Alpha Modus And Insight Acquisition Corp. Announce Effectiveness Of Form S-4 Registration Statement For Proposed Business Combination, Expects To Commence Trading On The Nasdaq Global Market Under The Tickers "AMOD"
Portfolio Pulse from Benzinga Newsdesk
Alpha Modus and Insight Acquisition Corp. have announced the effectiveness of their Form S-4 registration statement for a proposed business combination. The combined company will trade on Nasdaq under the ticker 'AMOD' after stockholder approval.
September 19, 2024 | 1:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Insight Acquisition Corp. (NASDAQ:INAQ) is set to merge with Alpha Modus, pending stockholder approval. The combined entity will trade on Nasdaq under 'AMOD'.
The announcement of the effective Form S-4 and the upcoming stockholder meeting for approval are significant steps towards the merger. This is likely to positively impact INAQ's stock as the merger progresses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100