Crypto_Alchemy
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ALT5 Sigma discloses $1.5 billion financing details: World Liberty Financial subscribes to half of the shares with WLFI tokens, Eric Trump serves as a director
According to Investing, fintech company ALT5 Sigma (Nasdaq code: ALTS) has signed an agreement to sell 200 million shares of common stock through a registered direct offering and concurrent private placement at a price of $7.50 per share, raising a total of $1.5 billion.
ALT5 Sigma stated that World Liberty Financial is the main investor in this private placement, subscribing to 100 million shares with WLFI tokens. The registered direct offering will additionally sell 100 million shares to institutional investors and crypto venture capital funds.
The transaction is expected to be completed by August 12, 2025, at which time ALT5 will launch the WLFI financial strategy, holding approximately 7.5% of the total supply of WLFI tokens. The company plans to use the raised funds for: acquiring WLFI tokens, establishing a cryptocurrency financial operation system, addressing litigation, repaying existing debts, and supporting business operations.
This financing will trigger significant changes to the board of directors. Zach Witkoff, co-founder and CEO of World Liberty Financial, will serve as chairman of the ALT5 board, Eric Trump will join the board as a director, Zak Folkman, co-founder and COO of World Liberty Financial, will serve as a board observer, and Matt Morgan will be appointed as chief investment officer.
ALT5 Sigma provides blockchain-driven digital asset trading and payment technology through its ALT5 Pay and ALT5 Prime platforms. Since its establishment in 2018, the company has processed over $5 billion in cryptocurrency transactions and will be included in the Russell Index starting in 2024. A.G.P./Alliance Global Partners serves as the exclusive placement agent for this offering. The registered direct offering is based on ALT5's existing shelf registration statement, which was approved by the U.S. Securities and Exchange Commission (SEC) on August 8, 2025.
#BTCReclaims120K #WLFI
According to Investing, fintech company ALT5 Sigma (Nasdaq code: ALTS) has signed an agreement to sell 200 million shares of common stock through a registered direct offering and concurrent private placement at a price of $7.50 per share, raising a total of $1.5 billion.
ALT5 Sigma stated that World Liberty Financial is the main investor in this private placement, subscribing to 100 million shares with WLFI tokens. The registered direct offering will additionally sell 100 million shares to institutional investors and crypto venture capital funds.
The transaction is expected to be completed by August 12, 2025, at which time ALT5 will launch the WLFI financial strategy, holding approximately 7.5% of the total supply of WLFI tokens. The company plans to use the raised funds for: acquiring WLFI tokens, establishing a cryptocurrency financial operation system, addressing litigation, repaying existing debts, and supporting business operations.
This financing will trigger significant changes to the board of directors. Zach Witkoff, co-founder and CEO of World Liberty Financial, will serve as chairman of the ALT5 board, Eric Trump will join the board as a director, Zak Folkman, co-founder and COO of World Liberty Financial, will serve as a board observer, and Matt Morgan will be appointed as chief investment officer.
ALT5 Sigma provides blockchain-driven digital asset trading and payment technology through its ALT5 Pay and ALT5 Prime platforms. Since its establishment in 2018, the company has processed over $5 billion in cryptocurrency transactions and will be included in the Russell Index starting in 2024. A.G.P./Alliance Global Partners serves as the exclusive placement agent for this offering. The registered direct offering is based on ALT5's existing shelf registration statement, which was approved by the U.S. Securities and Exchange Commission (SEC) on August 8, 2025.
#BTCReclaims120K #WLFI
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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