ALT5 Sigma raises $1.5B to initiate $WLFI treasury strategy

2 hours ago 1

ALT5 Sigma (NASDAQ:ALTS) agreed to sell up to 200 million shares (or equivalents) at $7.50 each through a registered direct offering and a concurrent private placement, raising about $1.5 billion before fees.
World Liberty Financial, the lead investor in the private deal, paid in $WLFI tokens.
Proceeds will be used to acquire more $WLFI tokens, set up a cryptocurrency treasury, settle litigation, pay debt, support operations, and for general corporate purposes.
Closing is expected around August 12, 2025.
ALTS fell over 9% premarket.

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