AlphaVest Acquisition Corp. Updates Business Combination Agreement with AMC Corporation, Signs Forward Purchase Deal with Harraden Circle Investors

Reuters
09/29
AlphaVest Acquisition Corp. Updates Business Combination Agreement with AMC Corporation, Signs Forward Purchase Deal with Harraden <a href="https://laohu8.com/S/CRCL">Circle</a> Investors

AlphaVest Acquisition Corp. has announced an update to its previously disclosed agreement to combine with AMC Corporation. Under the amended terms, AlphaVest will redomesticate from the Cayman Islands to Delaware, after which it will acquire all equity interests of AMC through a merger with its wholly-owned subsidiary, AV Merger Sub Inc. Following the merger, AMC will become a wholly-owned subsidiary of the newly domesticated public company, with AMC stockholders receiving shares in the combined entity. In connection with the transaction, AlphaVest and AMC have also entered into a forward purchase agreement with several Harraden Circle entities, including Harraden Circle Investors, LP and its affiliates. This agreement provides for a prepaid share forward transaction, with payment to be made from AlphaVest's trust account following completion of the business combination. The forward purchase agreement has a maturity date set at 12 months after the closing or an earlier date at the discretion of the sellers. The announcement was made by AlphaVest Acquisition Corp.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AlphaVest Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-015833), on September 29, 2025, and is solely responsible for the information contained therein.

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