Nasdaq has notified Alt5 Sigma that it no longer meets the listing requirements due to the failure to submit the third-quarter report.

According to Forbes, Nasdaq has notified Alt5 Sigma that it no longer meets its listing requirements due to its failure to timely submit the third quarter report for 2025. Nevertheless, Alt5 Sigma still has time until January 20, 2026, to submit a plan to regain compliance. If the plan is accepted, Alt5 Sigma may be granted an extension of up to 180 days. Currently, this issue has not had an immediate impact on its listing and trading on Nasdaq. The report also stated that the delay in the company's quarterly report is related to several issues mentioned in an August filing this year, including management compensation, changes in board structure, amendments to the articles of association, a ruling against a subsidiary in Rwanda, and the personal bankruptcy of the former CFO. As of Tuesday's close, the 728 million WLFI Tokens held by Alt5 Sigma are valued at approximately 1.2 billion USD, far exceeding its market capitalization of 191 million USD.