08:36 AM EDT, 05/05/2025 (MT Newswires) -- Alpha Modus ( AMOD ) said Monday that its subsidiary Alpha Modus Corp. has reached a confidential settlement with Kroger ( KR ) in a patent litigation lawsuit.
The lawsuit, originally filed in US federal court, alleges that Kroger ( KR ) infringed on Alpha Modus's ( AMOD ) patents for intelligent retail display systems, the company said.
As a result of the settlement, the litigation between Alpha Modus ( AMOD ) and Kroger ( KR ) has been dismissed with prejudice, the company said.
Shares of Alpha Modus ( AMOD ) were down more than 4% while Kroger ( KR ) shares were up 0.2% in recent premarket activity.