BBX Logo Beta

AI Financial Corp sells Canadian subsidiary ALT5 Sigma Canada to Prime Delta

--

According to Reuters, AI Financial Corp, a WLFI treasury company supported by the Trump family, has sold its Canadian subsidiary ALT5 Sigma Canada to Prime Delta in New York. The transaction includes $12 million in secured promissory notes, with $1 million due next week and the remaining installment payments, as well as approximately 11.6 million shares of Prime Delta stock. Financial technology company Perpetuals.com terminated negotiations to acquire the subsidiary three weeks ago.

Loading...