ALT5 Sigma is in the process of raising 1.5 billion USD through the sale of 200 million shares. This capital will be directed towards establishing the corporate treasury for World Liberty Financial tokens associated with Donald Trump.
The fundraising will be conducted via a direct stock offering of 100 million shares and a private placement for another 100 million shares, priced at 7.50 USD each. In exchange for one million shares, ALT5 Sigma will acquire 750 million USD worth of WLFI tokens.
The offerings are anticipated to wrap up shortly, with the possible date being Tuesday. Share issuance will follow the necessary regulatory approvals to surpass the authorized share limit.
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