WLFI Achieves Nasdaq Compliance Recovery Following Financial Reporting Correction

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On January 18, PANews reported that WLFI’s subsidiary treasury company ALT5 Sigma Corporation has successfully resolved its compliance issues with Nasdaq. The company announced it received a notification letter from Nasdaq confirming that it has restored compliance with the exchange’s listing standards for periodic financial disclosures and is no longer subject to arrears penalties.

The Compliance Challenge

The situation stems from a November notification that ALT5 Sigma received from Nasdaq citing violations of exchange regulations related to delays in submitting routine financial reports. The failure to file on schedule had triggered a compliance breach that required immediate remedial action from the company.

Resolution and Forward Path

WLFI’s treasury entity has successfully addressed the underlying issues that led to the delayed filings. The latest notification letter from Nasdaq signals that all periodic financial reporting requirements are now current, and the company has regained full compliance standing on the exchange. This resolution marks an important step in WLFI’s effort to maintain its listing status and regulatory standing.

WLFI3,82%
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