Welcome to our dedicated page for AlphaVest Acquisition news (Ticker: ATMVR), a resource for investors and traders seeking the latest updates and insights on AlphaVest Acquisition stock.
AlphaVest Acquisition Corp, associated with the rights ticker ATMVR and the ordinary share symbol ATMV, regularly issues news related to its activities as a special purpose acquisition company. Its communications focus on proposed business combinations, shareholder meetings, redemption procedures, and other corporate actions tied to its role as a blank check company.
One key stream of news covers AlphaVest Acquisition Corp’s business combination agreements. The company has announced a Business Combination Agreement with Wanshun Technology Industrial Group Limited, which operates an app-based ride-hailing service, and later disclosed the termination of that agreement. More recently, it reported entering into a Business Combination Agreement with AMC Corporation, described as a provider of a native computer vision AI platform that creates and distributes smart security and consumer electronics solutions.
Another important category of updates involves shareholder meetings and voting. AlphaVest Acquisition Corp has reported convening and adjourning extraordinary general meetings of shareholders to solicit additional votes on matters described in its proxy statements. It has also issued a proxy supplement explaining redemption procedures for shareholders who wish to redeem public shares in connection with meetings to approve a business combination and to extend the time available to complete that combination.
Investors following ATMVR-related news can use this page to review announcements about proposed mergers, changes to transaction structures, meeting adjournments, and clarifications on redemption mechanics. These disclosures provide context on how AlphaVest Acquisition Corp is progressing toward completing a business combination and how such events may affect holders of its ordinary shares, units, and rights.
AlphaVest Acquisition Corp (ATMV) has filed a supplementary proxy statement clarifying redemption procedures for its upcoming Extraordinary General Meeting on September 19, 2025. The meeting concerns a proposal to extend the deadline for completing its business combination with AMC Corporation.
The supplement outlines critical procedures for shareholders who wish to redeem shares in connection with either the Extension Meeting or the previously held Business Combination Meeting of September 5, 2025. Shareholders must specifically instruct the transfer agent to redeem shares for both meetings to ensure redemption in either scenario. The company may cancel the Extension Meeting if the Business Combination can be completed by the September 22, 2025 termination date.
AlphaVest Acquisition Corp (NASDAQ: ATMV) has announced a merger agreement with AMC , a leading provider of native computer vision AI platforms. The transaction, structured as a business combination, is expected to close in Q4 2024, subject to regulatory and stockholder approvals. Upon completion, the combined company will operate as AMC and remain NASDAQ-listed under a new ticker symbol.
AMC specializes in smart security and consumer electronics solutions, including internet-connected smart home products and augmented reality wearables. The merger aims to provide ATMV investors with an equity stake in a pioneering Vision AI company established in the home security market and expanding into small to medium business use cases.
This announcement follows ATMV's termination of its previously announced business combination agreement with Wanshun Technology Industrial Group on March 13, 2024.
AlphaVest Acquisition Corp (NASDAQ: ATMV) has announced a merger agreement with AMC , a leading provider of native computer vision AI platforms. The transaction, valued at $175 million, is expected to close in Q4 2024, subject to regulatory and stockholder approvals. Upon completion, the combined company will operate as AMC and remain NASDAQ-listed under a new ticker symbol.
AMC specializes in smart security and consumer electronics solutions, including internet-connected smart home products and augmented reality wearables. The merger aims to capitalize on the growing business security market, leveraging AMC's Vision AI solutions. This business combination replaces ATMV's previously terminated agreement with Wanshun Technology Industrial Group
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AlphaVest Acquisition Corp announced that underwriters exercised the full over-allotment option for its IPO, purchasing an additional 900,000 units at $10.00 per unit, raising a total of $69 million. Consequently, 6,900,000 units are now listed on Nasdaq under the symbol ‘ATMVU’. Each unit comprises one ordinary share and one right. The Company seeks to engage in business combinations, focusing on opportunities throughout Asia. EarlyBirdCapital, Inc. led the offering as sole bookrunner, with Revere Securities as co-manager.