Alpha Modus Holdings announces patent monetization agreement and funding for litigation against Broadcom over alleged patent infringement.
Quiver AI Summary
Alpha Modus Holdings, Inc. announced a patent monetization and funding agreement with Alpha Modus Ventures, LLC, which is pursuing a patent infringement lawsuit against Broadcom Inc. The agreement allows Alpha Modus to fund litigation efforts related to three U.S. patents concerning technologies for transporting Fibre Channel data over Ethernet, which the company alleges Broadcom is infringing. CEO William Alessi emphasized the strategic importance of this initiative in enhancing shareholder value through intellectual property enforcement. Additionally, the agreement includes an option for Alpha Modus Holdings to acquire Alpha Modus Ventures in the future, contingent on shareholder approval. The lawsuit is currently active in Texas and is part of a broader strategy to leverage Alpha Modus's intellectual property portfolio.
Potential Positives
- Alpha Modus Holdings, Inc. has executed a patent monetization and funding agreement, demonstrating its commitment to intellectual property enforcement and value creation.
- The potential acquisition of Alpha Modus Ventures, LLC would consolidate patent ownership and strengthen the company's position in ongoing and future enforcement actions.
- The litigation against Broadcom is seen as a transformative opportunity that could lead to financial and strategic benefits for the company.
Potential Negatives
- Engaging in litigation against a large corporation like Broadcom may pose significant financial risks and distract from the company's core business operations.
- The need to obtain shareholder approval for the potential acquisition of Alpha Modus Ventures, LLC indicates uncertainty regarding future strategic decisions and may raise concerns among investors about governance and management control.
- The reliance on patent litigation as a primary strategy for monetization may be viewed as a sign of weakness or lack of innovation in the company's core business offerings.
FAQ
What is the recent agreement between Alpha Modus Holdings and Alpha Modus Ventures?
Alpha Modus Holdings has executed a patent monetization and funding agreement with Alpha Modus Ventures to support litigation against Broadcom.
What patents are involved in the lawsuit against Broadcom?
The lawsuit involves U.S. Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover technologies for transporting Fibre Channel data over Ethernet.
Who controls Alpha Modus Ventures, LLC?
Alpha Modus Ventures is controlled by William Alessi, the CEO of Alpha Modus Holdings, Inc.
What does the option agreement entail for Alpha Modus Holdings?
The option agreement grants Alpha Modus Holdings the right to acquire 100% of Alpha Modus Ventures, subject to shareholder approval.
How does Alpha Modus plan to use its patent portfolio?
Alpha Modus aims to assert and monetize its growing patent portfolio through strategic partnerships and litigation efforts.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
CORNELIUS, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (Nasdaq: AMOD), a leader in AI-driven retail technology , today announced it has executed a patent monetization and funding agreement with Alpha Modus Ventures, LLC, the entity that recently filed a patent infringement lawsuit against Broadcom Inc on April 22, 2025.
Under the terms of the agreement, Alpha Modus Holdings, Inc. (AMOD) will fund litigation efforts related to the enforcement by Alpha Modus Ventures, LLC (an entity controlled by the CEO of Alpha Modus Holdings, Inc., William Alessi) of U.S. Patent Nos. 11,108,591; 11,303,473; and 11,310,077, which cover breakthrough technologies for transporting Fibre Channel data over Ethernet—a technology the company believes is being broadly infringed by Broadcom and others.
"This transaction underscores our commitment to unlocking value through aggressive IP enforcement and strategic funding structures," said William Alessi, CEO of Alpha Modus Holdings, Inc. "We believe this case against Broadcom will be transformative in both financial and strategic terms."
Importantly, the parties have also executed an option agreement granting Alpha Modus Holdings, Inc., the right to acquire 100% of Alpha Modus Ventures, LLC. The acquisition, if completed, will further consolidate patent ownership under AMOD and strengthen its position in ongoing and future enforcement actions. The exercise of the option will be subject to shareholder approval and other conditions, and there is no guaranty that the option will be exercised.
"This marks yet another major milestone in our strategic roadmap," Alessi added. "Alpha Modus has demonstrated its ability to identify valuable intellectual property, launch enforcement campaigns, and translate litigation into shareholder value. This agreement should continue that momentum."
The litigation against Broadcom is now actively underway in the United States Western District Texas Court and represents one of several high-stakes actions brought or funded by Alpha Modus. The company anticipates additional suits and partnerships will follow as part of its broader strategy to assert and monetize its growing IP portfolio.
For more information and to access Alpha Modus’ press room, visit: https://alphamodus.com/press-room/
For more information about Alpha Modus and its portfolio of innovations, please visit alphamodus.com .
About Alpha Modus
Alpha Modus is a technology company specializing in artificial intelligence solutions for the retail industry. Alpha Modus develops and licenses data-driven technologies that enhance consumer engagement and optimize in-store experiences. Headquartered in Cornelius, North Carolina, Alpha Modus is committed to leading the evolution of retail through innovation and strategic partnerships.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Alpha Modus’s actual results may differ from their expectations, estimates, and projections, and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements, but are not the exclusive means of identifying these statements. These forward-looking statements include, without limitation, Alpha Modus’s expectations with respect to future performance.
Alpha Modus cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Alpha Modus does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Contact Information
Investor Relations
Alpha Modus Holdings, Inc.
Email: [email protected]
Website:
www.alphamodus.com
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a84231f-ea70-46e2-b965-6bd06aba64ff