ALT5 Sigma raises ~$1.5B via registered direct and private placement to acquire $WLFI tokens and build crypto treasury

AI Financial Corp

Registered direct offering of 100M shares at $7.50 for ~$750M gross; private placement receives $750M in $WLFI tokens for 1M shares + 99M pre-funded warrants.
Preliminary Q2 revenue $6.0-6.5M, gross profit $2.5-3.0M, operating loss $2.0-2.2M; cash $9.5M as of June 28, 2025.
Zachary Witkoff (CEO of World Liberty Financial) to become Chairman; Eric Trump to join Board; Zachary Folkman as observer; Matt Morgan as CIO.
Use of proceeds: up to $10M for litigation/debt/operations; balance to fund $WLFI token acquisition and establish crypto treasury.
Company also entered into an ATM sales agreement for up to $1B in common stock with A.G.P./Alliance Global Partners.

item 1.01 item 2.02 item 3.02 item 5.02 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

AI Financial Corp: Amended Certificates of Designation for Series B Preferred Stock, Series Q Convertible Preferred Stock, and Series I Convertible Preferred Stock to provide voting rights of one vote per share, with full voting powers equal to Common Stock and voting together as a single class (effective 2025-08-08).

Change: bylaw amendment
Effective: 2025-08-08

Exact text from the filing

On August 8, 2025, the Company and certain holders of the Company’s existing preferred stock agreed to amend the Certificates of Designation for its Series B Preferred Stock, Series Q Convertible Preferred Stock, and Series I Convertible Preferred Stock (such amended Certificates of Designation, the “Amended Designations”, and, such series of preferred stock collectively, the “Preferred Stock”) to provide voting rights for the holders of the Preferred Stock, such that each share of Preferred Stock votes at the rate of one vote per shares.

View on SEC.gov

89 governance changes filed in the last 30 days. Browse all governance changes →

AI Financial Corp filing history →

Source: SEC EDGAR

accession 0001641172-25-022905

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.