Current Report · Items 3.01 · 8-K
AI Financial Corporation
AIFCNASDAQEQUITYCurrent
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On July 1, 2026, AI Financial Corporation (the “Company”) was notified by The Nasdaq Stock Market, LLC (“Nasdaq”), that it is not in compliance with the minimum closing bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (t…
Filed Jul 2, 2026Accepted Jul 2, 2026, 4:33 PM EDTCIK 862861Accession 0001493152-26-031925
Company context
ALT5 Sigma Corporation (NASDAQ:ALTS)(FRA:5AR1) is a fintech, providing next generation blockchain-powered technologies for tokenization, trading, clearing settlement, payment and safe keeping of digital assets. The Company is one of the constituents of the Russell Microcap Index, as of June 28, 2024. Founded in 2018, ALT5 Sigma, Inc. (a wholly owned subsidiary of ALT5 Sigma Corporation), provides next-generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT5 Sigma, Inc., through its subsidiaries, offers two main platforms to its customers: "ALT5 Pay" and "ALT5 Prime." ALT5 Sigma has processed over $5 billion USD in cryptocurrency transactions since inception.
Current securities
Disclosure sections
Items 3.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 3.01Item 3.01 - Notice of Delisting
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
July 1, 2026, AI Financial Corporation (the “Company”) was notified by The Nasdaq Stock Market, LLC (“Nasdaq”),
that it is not in compliance with the minimum closing bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued
listing on The Nasdaq Capital Market (the “Notification Letter”). That Rule requires listed securities to maintain
a minimum closing bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum
closing bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. June 30, 2026,
constituted the 30 th consecutive day.
The
Notification Letter has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market.
The common stock will continue to trade on The Nasdaq Capital Market under the symbol “AIFC.”
The
Notification Letter provides the Company with 180 calendar days, or until December 28, 2026, to regain compliance with Nasdaq
Listing Rule 5550(a)(2). To regain compliance, the Company’s common stock must have a closing bid price of at least $1.00
per share for a minimum of 10 consecutive business days. If the Company does not regain compliance by December 28, 2026, Nasdaq may
grant an additional 180 days for the Company to regain compliance, so long as the Company meets the continued listing requirement
for market value of publicly held shares and the other initial listing standards for The Nasdaq Capital Market (other than the
closing bid price standard) and notifies Nasdaq in writing of its intention to cure the deficiency during the second compliance
period. If Nasdaq does not grant the additional 180 days or if the Company fails to regain compliance during that
second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company’s common stock, at
which time the Company will have an opportunity to appeal the delisting determination to a Hearings Panel.
The
Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options,
including, but not limited to, a reverse split of its common stock, to regain compliance with the minimum closing bid price
requirement under the Nasdaq Listing Rules.