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ALT5 Sigma slides after $1.5 billion raise to buy crypto tokens from World Liberty

ReutersAug 11, 2025 11:38 AM

** Fintech ALT5 Sigma's ALTS.O shares down 10.3% at $8.04 premarket

** ALTS announces $1.5 billion registered stock deal and concurrent private placement to buy $WLFI tokens from World Liberty Financial

** Overall, 200 million shares will be issued by ALTS at $7.50 apiece, implying 16.4% discount to stock's last close

** World Liberty Financial, a crypto venture controlled by the family of U.S. President Donald Trump, is the lead investor in the concurrent private placement

** Upon the close of offerings, ALTS will hold nearly 7.5% of $WLFI tokens

** A.G.P./Alliance Global Partners was the sole placement agent for the offerings

** Eric Trump will become a director on ALTS' board

** As of last close, ALTS stock up 92.9% YTD

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