Insight Acquisition Corp.
INAQ-UN
New York Stock Exchange10.28
USD
+0.04
- -
CIK
0001862463
Return %
Stock
S&P500
1Y
4.12
18.21
3Y
4.26
63.29
5Y
4.26
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jeffrey J. Gary CPA
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 333 East 91st Street New York City NY United States of America 10128
- IPO Date
- Sep 2, 2021
- CIK
- 0001862463
- Website
- insightacqcorp.com
- Similar Companies
- Business
- Insight Acquisition Corp. (NASDAQ:INAQ-UN) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations other than identifying and pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target businesses. The company targets businesses in the FinTech or financial services industry, particularly those with enterprise values of approximately $750 million to $1.5 billion; this includes companies providing or changing technology for traditional financial services, as well as those in the wealth, investment, asset management, and insurance sectors; it also considers certain technology companies that provide services to FinTech or financial services firms. Founded in 2021 and headquartered in New York, New York, Insight Acquisition Corp. conducts its activities on a global basis. In a major development, Insight Acquisition Corp. completed its business combination with Alpha Modus Holdings, a technology company focused on AI-driven retail innovation, on December 13, 2024; the combined entity now operates as Alpha Modus Holdings, Inc. and trades on Nasdaq under the tickers AMOD for common stock and AMODW for warrants. Prior to closing, stockholders approved an extension of the business combination deadline from December 7, 2024, to March 7, 2025, with 100% approval from voting shares representing about 75.93% of outstanding shares; the transaction included a secured convertible note providing $2.6 million in net proceeds and potential for an additional $5 million in follow-on capital to support growth and operations. The company originally raised $240 million in its initial public offering in September 2021, led by Cantor Fitzgerald as left lead underwriter.