ALT5 Sigma approves $100 million stock repurchase and WLFI token increase plan

On January 29th, ALT5 Sigma Corporation (NASDAQ: ALTS) announced that its board of directors has approved a stock buyback plan of up to $100 million, which will repurchase up to 50 million shares, accounting for 40% of the issued shares, below net asset value. At the same time, the board of directors approved the continued increase in holdings of WLFI tokens in the secondary market. ALT5 currently holds approximately 7.3 billion WLFI tokens, valued at approximately $1.5 billion. To initiate related plans, ALT5 has reached a $15 million loan agreement with World Liberty Financial and has indicated that it may utilize a balance sheet of over $1.6 billion for financing in the future. CEO Tony Isaac stated that this repurchase and token layout reflect the management's confidence in the company's long-term value and strategic direction.