ALT5 Sigma Corporation Faces Nasdaq Delisting Risks Amid Auditor Licensing Controversy
ALT5 Sigma Corporation's regulatory woes deepen as audit delays and licensing lapses cast doubt on its Nasdaq listing viability. The company's recent auditor appointment backfired when it emerged the Texas-based firm operated with an expired license, halting all audit work until 2026. Governance concerns compound as board exits and CFO turnover plague the crypto-adjacent financial services provider.
Market confidence wavers despite recent share price gains, with the company's crypto-token partnerships and international legal disputes adding layers of complexity. The audit firm's history of regulatory penalties—including federal and state fines for disclosure failures—further erodes trust in ALT5 Sigma's financial reporting integrity.