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Alpha Modus Holdings Enters into Funding Agreement in Connection with Broadcom Patent Infringement Lawsuit, Secures Option to Acquire Alpha Modus Ventures - Alpha Modus Holdings (NASDAQ:AMODW), Alpha Modus Holdings (NASDAQ:AMOD)
CORNELIUS, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. AMOD, a leader in AI-driven retail technology , today announced it has executed a patent monetization and funding agreement with Alpha Modus Ventures, LLC, the entity that recently filed a patent infringement lawsuit against Broadcom Inc on April 22, 2025. Under the terms of the agreement, Alpha Modus Holdings, Inc. (AMOD) will fund litigation efforts related to the enforcement by Alpha Modus Ventures, LLC (an entity controlled by the CEO of Alpha Modus Holdings, Inc., William Alessi) of U.S. Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover breakthrough technologies for transporting Fibre Channel data over Ethernet -- a technology the company believes is being broadly infringed by Broadcom and others. "This transaction underscores our commitment to unlocking value through aggressive IP enforcement and strategic funding structures," said William Alessi, CEO of Alpha Modus Holdings, Inc. "We believe this case against Broadcom will be transformative in both financial and strategic terms." Importantly, the parties have also executed an option agreement granting Alpha Modus Holdings, Inc., the right to acquire 100% of Alpha Modus Ventures, LLC. The acquisition, if completed, will further consolidate patent ownership under AMOD and strengthen its position in ongoing and future enforcement actions. The exercise of the option will be subject to shareholder approval and other conditions, and there is no guaranty that the option will be exercised. "This marks yet another major milestone in our strategic roadmap," Alessi added. "Alpha Modus has demonstrated its ability to identify valuable intellectual property, launch enforcement campaigns, and translate litigation into shareholder value. This agreement should continue that momentum." The litigation against Broadcom is now actively underway in the United States Western District Texas Court and represents one of several high-stakes actions brought or funded by Alpha Modus. The company anticipates additional suits and partnerships will follow as part of its broader strategy to assert and monetize its growing IP portfolio. For more information and to access Alpha Modus' press room, visit: https://alphamodus.com/press-room/ For more information about Alpha Modus and its portfolio of innovations, please visit alphamodus.com. About Alpha Modus Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Alpha Modus develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in Cornelius, North Carolina, Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships. This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor Relations Alpha Modus Holdings, Inc. Email: [email protected] Website: www.alphamodus.com Follow us on LinkedIn | Follow us on X A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a84231f-ea70-46e2-b965-6bd06aba64ff AMODAlpha Modus Holdings Inc$1.253.25%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum-Price TrendShortMediumLongOverviewAMODWAlpha Modus Holdings Inc$0.0800-%Market News and Data brought to you by Benzinga APIs
[2]
Alpha Modus Reaches Settlement Agreement with Kroger in Patent Litigation - Alpha Modus Holdings (NASDAQ:AMODW), Alpha Modus Holdings (NASDAQ:AMOD)
CORNELIUS, N.C., May 05, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. AMOD, a leader in AI-driven retail technology and intellectual property monetization, today announced that its wholly owned subsidiary, Alpha Modus, Corp., has reached a confidential settlement with The Kroger Co. in its ongoing patent litigation involving Alpha Modus's proprietary technologies. The lawsuit, originally filed in the United States District Court for the Eastern District of Texas, centered on the alleged infringement of Alpha Modus's patents covering intelligent retail display systems. "This settlement marks another important validation of the strength and enforceability of our patent portfolio," said William Alessi, CEO of Alpha Modus Holdings. "It reflects the momentum Alpha Modus has built through diligent enforcement of its intellectual property rights and underscores our commitment to delivering value to shareholders by protecting our innovations." Terms of the settlement are confidential. However, as a result of the resolution, the pending litigation between Alpha Modus and Kroger has been dismissed with prejudice. Alpha Modus continues to aggressively pursue the protection and monetization of its patents across the retail and technology sectors. The company remains focused on expanding its portfolio of high-value intellectual property assets and leveraging them through enforcement actions, strategic settlements, and licensing initiatives. "This settlement is another step forward in our broader strategy to capitalize on Alpha Modus's innovations," Alessi added. "We are just getting started." For more information and to access Alpha Modus' press room, visit: https://alphamodus.com/press-room/ For more information about Alpha Modus and its portfolio of innovations, please visit alphamodus.com. About Alpha Modus Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Alpha Modus develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in Cornelius, North Carolina, Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships. This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. Contact Information Investor Relations Alpha Modus Holdings, Inc. Email: [email protected] Website: www.alphamodus.com Follow us on LinkedIn | Follow us on X A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ff179cb3-b2e7-4a14-abdd-51673aa38e31 AMODAlpha Modus Holdings Inc$1.28-%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum-Price TrendShortMediumLongOverviewAMODWAlpha Modus Holdings Inc$0.0450-43.8%Market News and Data brought to you by Benzinga APIs
[3]
Alpha Modus Holdings Enters into Funding Agreement in Connection with Broadcom Patent Infringement Lawsuit, Secures Option to Acquire Alpha Modus Ventures
, (GLOBE NEWSWIRE) -- (Nasdaq: AMOD), a leader in AI-driven retail technology , today announced it has executed a patent monetization and funding agreement with , the entity that recently filed a patent infringement lawsuit against Broadcom Inc on . Under the terms of the agreement, (AMOD) will fund litigation efforts related to the enforcement by (an entity controlled by the CEO of , ) of Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover breakthrough technologies for transporting Fibre Channel data over Ethernet -- a technology the company believes is being broadly infringed by Broadcom and others. "This transaction underscores our commitment to unlocking value through aggressive IP enforcement and strategic funding structures," said , CEO of "We believe this case against Broadcom will be transformative in both financial and strategic terms." Importantly, the parties have also executed an option agreement granting , the right to acquire 100% of . The acquisition, if completed, will further consolidate patent ownership under AMOD and strengthen its position in ongoing and future enforcement actions. The exercise of the option will be subject to shareholder approval and other conditions, and there is no guaranty that the option will be exercised. "This marks yet another major milestone in our strategic roadmap," Alessi added. " has demonstrated its ability to identify valuable intellectual property, launch enforcement campaigns, and translate litigation into shareholder value. This agreement should continue that momentum." The litigation against Broadcom is now actively underway in Western District Texas Court and represents one of several high-stakes actions brought or funded by . The company anticipates additional suits and partnerships will follow as part of its broader strategy to assert and monetize its growing IP portfolio. For more information and to access Alpha Modus' press room, visit: https://alphamodus.com/press-room/ is a technology company specializing in artificial intelligence solutions for the retail industry. develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in , is committed to leading the evolution of retail through innovation and strategic partnerships. Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus's actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus's expectations with respect to future performance. cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a84231f-ea70-46e2-b965-6bd06aba64ff
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Alpha Modus Holdings, an AI-driven retail technology company, advances its patent monetization strategy through a lawsuit against Broadcom and a settlement with Kroger, demonstrating the company's focus on intellectual property enforcement in the tech and retail sectors.
Alpha Modus Holdings, Inc. (NASDAQ: AMOD), a leader in AI-driven retail technology, has made significant strides in its patent monetization strategy with two major developments in the tech and retail sectors. The company has initiated a patent infringement lawsuit against Broadcom Inc. and reached a settlement agreement with The Kroger Co., showcasing its commitment to aggressive intellectual property (IP) enforcement 12.
On May 1, 2025, Alpha Modus Holdings announced a patent monetization and funding agreement with Alpha Modus Ventures, LLC, an entity controlled by CEO William Alessi. This agreement involves funding litigation efforts related to the enforcement of three U.S. patents (Nos. 11,108,591; 11,303,473; and 11,310,077) covering technologies for transporting Fibre Channel data over Ethernet 1.
The lawsuit, filed on April 22, 2025, in the United States Western District Texas Court, alleges that Broadcom and others are infringing on these patents. Alpha Modus Holdings has also secured an option to acquire 100% of Alpha Modus Ventures, LLC, subject to shareholder approval and other conditions 1.
In a separate development on May 5, 2025, Alpha Modus Holdings announced that its wholly-owned subsidiary, Alpha Modus, Corp., had reached a confidential settlement with The Kroger Co. in an ongoing patent litigation. The lawsuit, originally filed in the United States District Court for the Eastern District of Texas, involved Alpha Modus's proprietary technologies for intelligent retail display systems 2.
While the terms of the settlement remain confidential, the resolution has resulted in the dismissal of the pending litigation between Alpha Modus and Kroger with prejudice 2.
These developments underscore Alpha Modus Holdings' commitment to unlocking value through aggressive IP enforcement and strategic funding structures. CEO William Alessi stated, "This transaction underscores our commitment to unlocking value through aggressive IP enforcement and strategic funding structures. We believe this case against Broadcom will be transformative in both financial and strategic terms" 1.
The company views these actions as part of a broader strategy to capitalize on its innovations and expand its portfolio of high-value intellectual property assets. Alpha Modus anticipates additional suits and partnerships will follow as it continues to assert and monetize its growing IP portfolio 12.
Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Based in Cornelius, North Carolina, the company develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships 12.
As Alpha Modus Holdings continues to pursue its patent monetization strategy, investors and industry observers will be watching closely to see how these legal actions and settlements impact the company's financial performance and market position in the AI-driven retail technology sector.
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