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WLFI reserve company Alt5 Sigma designated as non-compliant by Nasdaq for failing to submit quarterly report

WLFI reserve company Alt5 Sigma designated as non-compliant by Nasdaq for failing to submit quarterly report

金色财经金色财经2025/12/03 00:51
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Jinse Finance reported that Nasdaq has officially notified Alt5 Sigma—the partner of the Trump family’s World Liberty Financial cryptocurrency project—that the company is "no longer in compliance with continued listing requirements" due to its failure to submit the financial report for the third quarter of 2025, and has been placed on the list of non-compliant companies. According to Nasdaq regulations, Alt5 Sigma must submit a compliance plan by January 20, 2026; if approved, it may receive an extension of up to 180 days. The company stated that this notice was "expected" and will not immediately affect the listing or trading status of its stock on Nasdaq. In August this year, Alt5 Sigma reached a $1.5 billion cryptocurrency cooperation agreement with World Liberty Financial, bringing over $500 million in revenue to Trump-affiliated entities. The delay in submitting the report is due to several factors, including a change of auditor, corporate governance issues, and the personal bankruptcy of the former Chief Financial Officer.

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