AlphaVest (ATMV) Rockets on AMC Robotics Merger Buzz – Key Facts & Forecast
AlphaVest Acquisition shareholders approved a merger with AMC Corporation on Sept 5, including $8 million in PIPE financing. Investors later allowed up to four one-month deadline extensions, each requiring a $55,000 deposit. About 1.513 million shares were redeemed, removing $18.2 million from the trust. ATMV shares spiked from $8.8 to $13 in pre-market trading on Oct 21 amid merger rumors.