Nasdaq has notified Alt5 Sigma that it no longer meets listing requirements due to a failure to submit its Q3 2025 report on time. The company has until January 20, 2026, to submit a compliance plan, which, if accepted, could grant up to a 180-day extension. This issue has not yet affected Alt5 Sigma's Nasdaq listing or trading status.
The delay in the quarterly report is linked to several issues outlined in an August filing, including management compensation, board restructuring, charter amendments, a subsidiary's legal judgment in Rwanda, and the former CFO's personal bankruptcy. As of Tuesday's close, Alt5 Sigma's 728 million WLFI tokens are valued at approximately $1.2 billion, significantly higher than its $191 million market cap.
Nasdaq Warns Alt5 Sigma Over Delayed Q3 Report, Compliance Plan Due by January 2026
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