Insight Acquisition Corp.

11/26/2024 | Press release | Distributed by Public on 11/26/2024 11:46

Material Event Form 8 K

Item 8.01. Other Events.

As previously disclosed, effective as of October 13, 2023, Insight Acquisition Corp. (the "Company"), IAC Merger Sub Inc., a Florida corporation ("Merger Sub") and Alpha Modus, Corp., a Florida corporation ("Alpha Modus"), entered into a business combination agreement and plan of merger (the "AM BCA") pursuant to which Merger Sub will merge with and into Alpha Modus with Alpha Modus as the surviving corporation and becoming a wholly owned subsidiary of the Company. The board of directors of the Company has unanimously approved and declared advisable the AM BCA, the merger and the other transactions contemplated thereby (the "Business Combination"). In connection with the Business Combination the Company will change its name to Alpha Modus Holdings, Inc.

In its definitive proxy statement filed with the SEC on September 18, 2024 (the "Proxy Statement"), the Company disclosed that the Board of Directors of the post Business Combination Company will consist of the following members:

William Alessi - Chairman

Greg Richter

William Ullman

Michael Garel

Scott Wattenberg

The Proxy Statement further disclosed the composition of the post Business Combination Company's committees, as follows:

Audit Committee

William Ullman

Greg Richter

Scott Wattenberg - Chairman

Compensation Committee

Greg Richter - Chairman

Michael Garel

Scott Wattenberg

Nominating and Corporate Governance Committee

William Ullman

Michael Garel

Greg Richter - Chairman