AlphaVest shareholders approved the business combination with AMC Corporation.
$8 million PIPE financing secured for accelerating AMC's development.
AMC's industrial warehouse solution with AI-powered robot to be further developed with the funds.
Business Combination Approved
AlphaVest shareholders voted for the business combination with AMC Corporation.
$8 Million PIPE Financing
A private placement of $8 million in common stock and warrants was subscribed by investors.
Strategic Development
Proceeds from the financing will be used to accelerate AMC's industrial warehouse solution development.
- The business combination is set to boost AMC's growth trajectory and product development efforts.
- The approval signifies a substantial step towards commercializing AMC's innovative warehouse solution featuring an AI-powered robot.
The forthcoming close of the business combination will mark a significant milestone for AlphaVest and AMC's collaborative future as AMC Robotics Corporation.