TechFlow news, December 3 — According to Forbes, Nasdaq has formally notified Alt5 Sigma, a partner in 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 file its fiscal 2025 third-quarter financial report, and has been added to the non-compliant companies list. Under Nasdaq rules, Alt5 Sigma must submit a plan to regain compliance by January 20, 2026, and if approved, may receive an extension of up to 180 days.
The company said this notification was "expected" and will not immediately affect its stock listing or trading status on Nasdaq. Alt5 Sigma previously entered into a $1.5 billion cryptocurrency partnership with World Liberty Financial in August this year, generating over $500 million in proceeds for entities linked to Trump. The delay in filing the report stems from multiple factors, including a change in auditors, corporate governance issues, and the personal bankruptcy of the former chief financial officer.
