09:13 AM EDT, 08/18/2025 (MT Newswires) -- Alpha Modus ( AMOD ) said Monday it agreed to a capital restructuring that would eliminate about $41 million in mezzanine equity and retire its last remaining preferred stock.

The company's remaining preferred stockholder, the Alessi 2023 Irrevocable Trust, will exchange 4.3 million series C preferred shares for 40.1 million class A common shares, Alpha Modus ( AMOD ) said.

The newly issued common shares would carry a transfer restriction through June 13, 2026, the company added.