---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022905"
form_type: "8-K"
ticker: "AIFC"
cik: "0000862861"
company_name: "AI Financial Corp"
filed_at: "2025-08-11T23:59:59+00:00"
generated_at: "2026-05-17T15:57:32.075117+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-022905
- form_type: 8-K
- ticker: AIFC
- cik: 0000862861
- company_name: AI Financial Corp
- filed_at: 2025-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862861/000164117225022905/0001641172-25-022905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862861/000164117225022905/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022905
- JSON: https://secwatch.observer/filing/0001641172-25-022905.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022905.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/862861/000164117225022905/0001641172-25-022905-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.