AMC Robotics Gets Retail Talking Following AlphaVest Merger – ‘Holding This Now Is Like Holding PLTR Few Years Ago’

• The merger marks the formal combination of AMC Robotics with AlphaVest, creating a unified company focused on AI-powered security robotics.
• AMC has directed its efforts recently toward an AI-driven four-legged security robot.
• AMC Robotics’ stock traded over 48% higher in Tuesday’s premarket and was the most trending equity ticker on Stocktwits.

AMC Robotics Corp. (AMCI) is drawing investor attention on Tuesday on the momentum of its successful SPAC merger with AlphaVest Acquisition Corp. and the subsequent trading debut on the Nasdaq.

The company is developing autonomous quadruped security robots intended to enhance safety and operational efficiency in warehouses and industrial facilities.

Business Combination 

The merger marks the formal combination of AMC Corp. with AlphaVest, creating a unified company focused on AI-powered security robotics. The deal also included a private financing round exceeding $8 million, complemented by cash released from AlphaVest’s trust, providing the company with over $10.2 million in funding before transaction-related expenses.

AMC Robotics’ stock traded over 48% higher in Tuesday’s premarket and was the most trending equity ticker on Stocktwits. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory amid ‘extremely high’ message volume levels. 

A bullish Stocktwits user said, “Holding this now is like holding PLTR Few yrs ago.”

Another user said the company has an extremely low valuation for AI robotics 

AI-Based Patrol Robots 

AMC has directed its efforts recently toward an AI-driven four-legged security robot. This robot works alongside stationary security cameras to monitor warehouses, detect unusual activity, and initiate automated incident responses.

“As we enter this next chapter, we are excited to advance our innovations and deliver leading products that can bring a new level of automation to our enterprise customers.”

-Sean Da, Chairman of the Board and CEO, AMC 

“With the launch of our AI-powered robotic technology, we have an opportunity to capture share in the warehousing market and drive long-term growth,” he said.

Also See: Visa Pushes Deeper Into Blockchain With US Stablecoin Settlement Launch

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Share

·

Add us on