AlphaVest Acquisition Corp SEC Filings

AMC Robotics Corporation filed Amendment No. 1 to its Annual Report for the year ended December 31, 2025. The amendment is limited to adding an exhibit that was mistakenly omitted from the original filing, including a clawback policy listed as Exhibit 97.1.

The company notes that it completed its initial business combination in December 2025 and that 22,595,363 shares of Common Stock were outstanding as of April 20, 2026. No other sections of the original annual report are updated, and readers are directed to review this amendment together with the original report and subsequent SEC filings.

AMC Robotics Corporation, a vision AI hardware company that went public via a business combination with AlphaVest in December 2025, reports operating as an emerging growth and smaller reporting company focused on smart cameras and related devices for residential and small-business use.

AMC primarily sells hardware sourced from related-party suppliers and generates additional revenue through a revenue-sharing agreement with Kami for cloud services, which contributed about 48% of 2025 revenue and represented 78% of accounts receivable at year-end. The company incurred a net loss of $24,817,342 in 2025 and has a history of losses, historically funded by related-party borrowings.

Management discloses four material weaknesses in internal control over financial reporting, including lack of experienced U.S. GAAP staff, inadequate segregation of duties, insufficient inventory controls, and absence of formal related-party approval processes. AMC faces significant risks from customer and supplier concentration, supply chain disruptions, competition from large technology firms, potential PRC regulatory exposure, and its dependence on the “Yi” brand license, while its common stock trades on Nasdaq under the symbol AMCI with 22,595,363 shares outstanding as of April 20, 2026.

AMC Robotics Corporation, a vision AI hardware company that went public via a business combination with AlphaVest in December 2025, reports operating as an emerging growth and smaller reporting company focused on smart cameras and related devices for residential and small-business use.

AMC primarily sells hardware sourced from related-party suppliers and generates additional revenue through a revenue-sharing agreement with Kami for cloud services, which contributed about 48% of 2025 revenue and represented 78% of accounts receivable at year-end. The company incurred a net loss of $24,817,342 in 2025 and has a history of losses, historically funded by related-party borrowings.

Management discloses four material weaknesses in internal control over financial reporting, including lack of experienced U.S. GAAP staff, inadequate segregation of duties, insufficient inventory controls, and absence of formal related-party approval processes. AMC faces significant risks from customer and supplier concentration, supply chain disruptions, competition from large technology firms, potential PRC regulatory exposure, and its dependence on the “Yi” brand license, while its common stock trades on Nasdaq under the symbol AMCI with 22,595,363 shares outstanding as of April 20, 2026.

AMC Robotics Corp received an amended Schedule 13G showing that a group of Harraden Circle investment entities and Frederick V. Fortmiller, Jr. now report beneficial ownership of 141,019 shares of Class A common stock, representing 0.62% of the class. The filing states they have sole voting and dispositive power over zero shares and shared power over 141,019 shares. An explanatory note clarifies this is an exit filing because the group has ceased to be beneficial owners of more than five percent of the outstanding Class A shares. The reporting persons also certify that the securities were not acquired or held for the purpose of changing or influencing control of AMC Robotics Corp.

AMC Robotics Corp received an amended Schedule 13G showing that a group of Harraden Circle investment entities and Frederick V. Fortmiller, Jr. now report beneficial ownership of 141,019 shares of Class A common stock, representing 0.62% of the class. The filing states they have sole voting and dispositive power over zero shares and shared power over 141,019 shares. An explanatory note clarifies this is an exit filing because the group has ceased to be beneficial owners of more than five percent of the outstanding Class A shares. The reporting persons also certify that the securities were not acquired or held for the purpose of changing or influencing control of AMC Robotics Corp.

AlphaVest Acquisition Corp (ATMV) reported a much weaker Q3 2025 as it continues to pursue a business combination with AMC Corporation. For the three months ended September 30, 2025, the company posted a net loss of $2,651,350, compared with net income of $502,021 a year earlier, driven by sharply higher formation and operating costs of $2,816,519 and lower interest income from its trust assets.

Total assets were $18,955,577, mainly $18,929,689 held in a trust escrow account, while current liabilities rose to $5,264,797, including an accrued underwriting discount of $2,415,000 and related- and third-party promissory notes. Ordinary shares subject to possible redemption totaled $18,929,689 (1,574,356 shares). Following multiple shareholder redemptions tied to extension and merger votes, the company reported 3,220,947 ordinary shares outstanding as of November 19, 2025.

AlphaVest has signed a merger agreement with AMC Corporation, increasing AMC’s agreed enterprise value to $180,000,000, and its Form S-4 was declared effective in August 2025. However, management states there is substantial doubt about the company’s ability to continue as a going concern, citing a cash balance of $3,713, a working capital deficit of $5,238,909, and dependence on completing the business combination or raising additional capital.

AlphaVest Acquisition Corp. (ATMV) filed a Form 3 reporting initial beneficial ownership tied to its board. The filing lists 550,000 ordinary shares beneficially owned indirectly as of the event date 10/31/2025. The director box is checked, and the form is filed by more than one reporting person.

The shares are held by Harraden Circle funds, with Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, and Harraden Circle Investments, LLC in the control chain, and Frederick V. Fortmiller, Jr. as managing member. The reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

AlphaVest Acquisition Corp (ATMV) reported trust account activity related to its pending business combination. The company deposited $55,000 on October 22, 2025 and another $55,000 on October 23, 2025 into its trust account. After these deposits, the redemption value is approximately $12.09 per ordinary share.

A total of 1,399,308 ordinary shares were submitted for redemption in connection with shareholder meetings held on September 5, 2025 and September 19, 2025, after accounting for redemption reversal requests. Approximately $16,917,633.70 (about $12.09 per share) will be withdrawn from the trust to pay these shareholders, subject to any additional redemption reversal requests received and approved prior to the closing of the business combination.

AlphaVest Acquisition Corp reported two deposits of $55,000 each into its Trust Account on October 22, 2025 and October 23, 2025. Following these extension payments, the redemption value stands at approximately $12.09 per ordinary share.

The company also noted that 1,399,308 ordinary shares were submitted for redemption in connection with shareholder meetings held on September 5 and September 19, 2025, after reversal requests. In connection with these redemptions, approximately $16,917,633.70 (about $12.09 per share) will be removed from the Trust Account to pay those shareholders, subject to any additional redemption reversal requests received and approved before the closing of the business combination.

AlphaVest Acquisition Corp entered into a prepaid forward share purchase agreement tied to its planned business combination with AMC Corporation. The agreement, dated September 24, 2025, provides that Harraden Circle investment funds (collectively, the Seller) may purchase up to 500,000 shares and receive a cash prepayment at closing, funded directly from AlphaVest’s trust account based on the number of shares and commitment shares multiplied by an initial price.

After the merger closes, the Seller can, at its discretion, partially or fully unwind the position on specified trading days, paying AlphaVest an amount based on a reset price and the number of terminated shares. The arrangement matures on the earlier of 12 months after closing or a date chosen by the Seller, at which time the Seller returns the remaining shares and retains an amount equal to the shares multiplied by the initial price. The Seller has waived redemption rights on these shares, which may reduce redemptions and affect how the strength of the transaction is perceived. AlphaVest estimates a trust-account redemption price of approximately $12.02 per share as of September 24, 2025.

AlphaVest Acquisition Corp reported that shareholders approved changes to its charter and trust agreement to extend the deadline to complete a business combination. The company can now extend its original September 22, 2025 termination date up to four times, each by one month, to as late as January 22, 2026, by giving five days’ notice and depositing $55,000 into the trust account for each monthly extension in exchange for a non-interest-bearing promissory note.

Shareholders also approved an adjournment proposal, though it was not used because the main proposals passed. In connection with this meeting and a prior business combination meeting, holders of a total of 1,513,708 ordinary shares elected to redeem. After these redemptions, AlphaVest will have 2,341,148 ordinary shares outstanding, and approximately $18,200,461, or about $12.02 per share, will be withdrawn from the trust account to pay redeeming shareholders, subject to any approved reversal requests before the business combination closes.