Insight Acquisition Corp.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Evan Singer
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 333 East 91st Street New York City NY United States of America 10128
- IPO Date
- Aug 14, 2023
- CIK
- 0001862463
- Website
- insightacqcorp.com
- Similar Companies
- Business
- Insight Acquisition Corp. operates as a special purpose acquisition company (SPAC) primarily focused on completing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses. The company targets firms primarily in the FinTech and financial services sectors, including wealth management, investment management, asset management, and insurance technology. Insight Acquisition Corp. aims to acquire or merge with companies typically valued between $750 million and $1.5 billion that provide or develop technologies transforming traditional financial services. The company's notable focus subsectors include FinTech innovations, digital finance, blockchain technology, and technology services supporting financial services firms. Founded in 2021 and headquartered in New York, New York, Insight Acquisition Corp. completed its initial public offering (IPO) in September 2021, raising approximately $240 million. The company is incorporated in Delaware and has a history of targeting strategic acquisitions to create shareholder value. In the latest significant corporate development, Insight Acquisition Corp. completed its business combination with Alpha Modus Holdings, Inc. in December 2024, a technology company specializing in artificial intelligence-driven retail innovation. Following this transaction, the combined entity began trading on the Nasdaq exchange under the ticker symbol AMOD. The transaction structure included a secured convertible note providing $2.6 million in net proceeds and an option for up to an additional $5 million in capital to support growth and operations. As a blank check company, Insight Acquisition Corp. does not manufacture products directly but provides strategic investment and acquisition services aimed at transformative companies within targeted industries. Since the business combination with Alpha Modus Holdings, Insight Acquisition Corp. repositioned towards AI-driven technology applications in retail, expanding its strategic footprint beyond purely financial services to include advanced technology solutions. The company has also recently extended the deadline for completing its business combination from December 2024 to March 2025, indicating ongoing strategic refinement in deal execution and operational oversight. Insight Acquisition Corp.'s core business activity now includes managing its position as a publicly traded entity that supports and invests in innovative technology companies with strong growth potential, focusing on financial technology innovation and AI-driven retail technology markets in the United States and Canada. It maintains a strong leadership team experienced in digital finance, blockchain ecosystems, and venture capital, positioning the company for further strategic expansions and partnerships in relevant digital technology sectors.
Alpha Modus and Insight Acquisition Corp Close Business Combination and Alpha Modus will Begin Trading Under “AMOD” Ticker
Alpha Modus Plans to Close Business Combination With Insight Acquisition Corp. Today and Expects to Begin Trading on Monday Under “AMOD” Ticker
Insight Acquisition Corp Stockholders Approve Extension of Business Combination Period Through March 7, 2025
Alpha Modus Files Patent Infringement Lawsuit Against Brookshire Grocery Co.
Alpha Modus and Insight Acquisition Corp. Announce Effectiveness of Form S-4 Registration Statement for Proposed Business Combination
Alpha Modus Announces Two New Patent Awards for Consumer Experience and Personalized Marketing and Advertising in Retail
Insight Acquisition Corp. Announces Confidential Submission of Form S-4 Registration Statement in Connection with Proposed Business Combination
Alpha Modus to List on NASDAQ Via Business Combination Agreement with Insight Acquisition Corp.
Insight Acquisition Corp. and Avila Energy Corporation announce they have mutually agreed to terminate their Business Combination Agreement
Avila Energy Corporation and Insight Acquisition Corp. announce they Have Mutually Agreed to Terminate their Business Combination Agreement
Avila Energy Corporation files the Amended and Restated Annual Financial Statements for the Year Ended December 31, 2022, 1st Quarter 2023 and Provides an Update on the Status of The BCA with Insight Acquisition Corp.
Avila Energy Corporation is pleased to announce the Company's acceptance of an initial Financing Commitment of U.S. $10 Million in Convertible Debentures and agreed upon Use of Proceeds in 2023
Avila Energy Corporation Is Pleased To Announce the Filing of Its Audited Financials and MD&A for the Year Ended December 31, 2022, and Provides a Corporate Update
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