10/27/2025 | Press release | Distributed by Public on 10/27/2025 14:48
| Item 8.01. | Other Events. |
On each of October 22, 2025 and October 23, 2025, $55,000 (the "Extension Payments") was deposited into the trust account (the "Trust Account") of AlphaVest Acquisition Corp (the "Company"). After taking into account the Extension Payments, the redemption value is approximately $12.09 per ordinary share. As previously disclosed, a total of 1,399,308 ordinary shares submitted their shares for redemption in connection with either the extraordinary general meeting of shareholders held on September 5, 2025 or September 19, 2025 (the "Redemptions"), after taking into account redemption reversal requests. In connection with the Redemptions, approximately $16,917,633.70 (approximately $12.09 per share) will be removed from the Trust Account to pay such shareholders, subject to further redemption reversal requests (if any) received and approved by the Company prior to the closing of the business combination.