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GlobeNewsWire
1 month ago
AlphaVest Acquisition Corp and AMC Corporation Announce Shareholder Approval of Business Combination and Execution of Definitive Agreements for $8 Million PIPE Financing
NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- AlphaVest Acquisition Corp (NASDAQ: ATMV) (the “Company” or “AlphaVest”) and AMC Corporation (“AMC”), a security and safety technology solutions company, today announced that AlphaVest shareholders voted to approve the previously announced business combination between the two companies (the “Business Combination”) at AlphaVest's Extraordinary General Meeting held on September 5, 2025. In addition, AlphaVest and AMC announced that the parties have entered into binding agreements for a private placement of $8 million of common stock and common stock purchase warrants initially exercisable at $10.00 per share, subject to adjustment, to be consummated simultaneously with the consummation of the Business Combination.