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PANews reported on December 3rd that, according to Forbes, Nasdaq has notified Alt5 Sigma, a crypto partner linked to the Trump family, that it has been listed as a "non-compliant company" for failing to submit its Q3 2025 10-Q report by the deadline. This does not currently affect its listing. Alt5 must submit a compliance plan by January 20, 2026, with a maximum extension of 180 days upon approval. The company stated that the delay is related to audit-related matters and the auditor's response; its independent accountant, Hudgens CPA, resigned on November 21st, and the company's management stated that he had been informed of his departure as early as June 30th. Previously, Alt5 acquired approximately $1.5 billion in crypto assets through a recurring transaction with World Liberty Financial.PANews reported on December 3rd that, according to Forbes, Nasdaq has notified Alt5 Sigma, a crypto partner linked to the Trump family, that it has been listed as a "non-compliant company" for failing to submit its Q3 2025 10-Q report by the deadline. This does not currently affect its listing. Alt5 must submit a compliance plan by January 20, 2026, with a maximum extension of 180 days upon approval. The company stated that the delay is related to audit-related matters and the auditor's response; its independent accountant, Hudgens CPA, resigned on November 21st, and the company's management stated that he had been informed of his departure as early as June 30th. Previously, Alt5 acquired approximately $1.5 billion in crypto assets through a recurring transaction with World Liberty Financial.

Alt5 Sigma was listed as a "non-compliant company" by Nasdaq due to its failure to submit a third-quarter financial report.

2025/12/03 08:46

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