AlphaVest Acquisition Corp (NASDAQ: ATMV), a special acquisition company, has announced a Business Combination Agreement with AMC Corporation, an AI platform leader, to be completed in Q4 2024. This merger will involve AMC stockholders receiving shares of ATMV capital stock. Both companies’ boards have approved the combination, pending regulatory and stockholder approvals. AMC, known for its smart security home products, will continue to function as a NASDAQ-listed company under its existing management. Legal and financial advisors, including Winston & Strawn LLP, EarlyBirdCapital, Inc., and Revere Securities, are involved to ensure compliance and smooth execution. The merged entity expects enhanced stockholder value and a stronger position in the AI market.
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