Autocomplete cant capture value like select2

[kstan79]

Version(if relevant): 1.0.0

6.1.1

Environment(if relevant):

Code(if relevant):

 <AutoComplete 
          class="simpleapp-inputfield"
          v-bind="$attrs"        
          :data="listdata"          
          v-model="modelValue"
          @select="pickValue"
          @change="changeValue"
          @search="search"
          />

Expected:

it should work like select2, after select v-model store value and display selected text.

Actual:

no matter v-model or :value, after item from list it show as false, it work fine in select2 component