Nasdaq has officially notified Alt5 Sigma, a partner in the Trump family's World Liberty Financial cryptocurrency project, that it has been placed on the list of non-compliant companies for failing to submit its third quarter 2025 financial report and "no longer meets continuing listing requirements". According to Nasdaq regulations, Alt5 Sigma needs to submit a re-compliance plan by January 20, 2026. If approved, it can be extended by up to 180 days.
The company said the notice was "expected" and would not immediately affect the listing or trading status of its shares on Nasdaq. Alt5 Sigma had reached a $1.50 billion cryptocurrency partnership with World Liberty Financial in August, generating more than $500 million for Trump-affiliated entities. The company's delay in filing the report was due to a number of factors, including auditor changes, corporate governance issues, and the personal bankruptcy of the former CFO.
WLFI Reserve Alt5 Sigma listed on NASDAQ as non-compliance for non-filing quarterly results
2025-12-03 00:41:42
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