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AlphaVest Acquisition to Merge With AMC Corp.

2024-08-19 22:46

10:46 AM EDT, 08/19/2024 (MT Newswires) -- AlphaVest Acquisition (ATMV) said Monday it has agreed to merge with native computer vision AI platform provider AMC Corp.

The transaction will be organized as a merger with AMC subsidiary AV Merger Sub and is expected to give AMC stockholders shares of its capital stock worth $175 million. AlphaVest said.

The deal is expected to close in Q4.

Price: 11.14, Change: +0.03, Percent Change: +0.23

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