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Smart Investors Daily
AT

NASDAQ · ATMVR

AlphaVest Acquisition Corp

Financial Services · Shell Companies

$1.06

Up+$0.35 (+49.49%)

Updated Sep 16, 2026, 11:09 AM

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Market cap
3.94M
P/E ratio
-7.57
Dividend yield
0.00%
52-week range
— – —
Volume
499.79K
Avg. volume
58.31K

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ATMVR research

Overview

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Company profile

AlphaVest Acquisition Corp operates as a blank check company that intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.

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GlobeNewswire Inc. · Dec 20, 2023

Alphavest Acquisition Corp Announces Adjournment of Extraordinary General Meeting of Shareholders

New York, New York, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Alphavest Acquisition Corp (NASDAQ: ATMV) (the “Company”) announced today that the Company’s Extraordinary General Meeting of Shareholders (the “Extraordinary General Meeting”) was convened on December 20, 2023 at 12:00 p.m. Eastern Time and adjourned in order to solicit additional votes on the matters listed in the notice of extraordinary general meeting and the proxy statement.

GlobeNewswire Inc. · Aug 14, 2023

AlphaVest Acquisition Corp Announces Entering into a Merger Agreement with Wanshun Technology Industrial Group Limited

New York, NY, Aug. 14, 2023 (GLOBE NEWSWIRE) -- AlphaVest Acquisition Corp (NASDAQ: ATMV) (“ATMV”), a special purpose acquisition company, announced the execution of a Business Combination Agreement (the “Merger Agreement”) with Wanshun Technology Industrial Group Limited (“Wanshun”), primarily a peer-to-peer marketplace for on-demand rides hailing services in China. The transaction will be structured as a business combination with ATMV’s wholly owned subsidiary, AV Merger Sub, and is anticipated to result in ATMV shareholders receiving shares of Wanshun capital stock valued at approximately $300 million (the “Business Combination”). The transaction has been approved by the boards of directors of both ATMV and Wanshun and is expected to be consummated in the fourth quarter of 2023 or early 2024, subject to regulatory approval and respective stockholder approval by the stockholders of ATMV and the stockholders of Wanshun and the satisfaction of certain other customary closing conditions.

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