[Nasdaq Lists Alt5 Sigma as a Non-Compliant Company, Requires Submission of Compliance Plan]
Nasdaq has listed Alt5 Sigma, a company with ties to the Trump family, as a 'non-compliant company' due to its failure to submit its Q3 2025 10-Q report to the SEC and has notified the company that it 'no longer meets the continued listing standards.' Alt5 Sigma must submit a compliance plan by January 20, 2026, and, if approved, may be granted up to 180 days to rectify the situation. Alt5 Sigma stated that this notification was anticipated and will not affect stock trading in the short term. The delay in the company's quarterly report is related to issues such as executive compensation, board adjustments, subsidiary rulings, and the bankruptcy of the former CFO. The resignation of its auditing firm, Hudgens CPA, on November 21 further delayed the report. Alt5 Sigma had previously accumulated $1.5 billion worth of WLFI tokens through transactions with the Trump family’s crypto project, WLFI. As of Tuesday's close, the 728 million WLFI tokens held by Alt5 Sigma were valued at approximately $1.2 billion. The company’s market capitalization stood at $191 million, with its stock closing at $1.56, down more than 80% since the WLFI transaction was announced.