Alt5 Sigma Corp.,a thinly traded financial-technology firm with ties to a Trump family crypto venture, authorized a share buyback of up to $100 million, enough to repurchase as many as 50 million shares.
The Las Vegas-based company said in a statement Thursday that the program would cover about 40% of its outstanding shares, or 22% on a fully diluted basis. Alt5 also said it plans to acquire additional WLFI tokens from World Liberty Financial Inc., a crypto firm co-founded by members of President Donald Trump’s family, and has entered into a $15 million debt-financing agreement it expects to ...