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Eric Trump Removed From Board Role After Firm Consults Nasdaq

Eric Trump's board role at Alt5 Sigma was changed to observer after Nasdaq consultation to comply with listing rules; WLFI token holdings linked to Trump family total $1.5 billion.

  • Eric Trump was removed from Alt5 Sigma's board in 2025 after a Nasdaq compliance review and now serves as a board observer.
  • The change followed discussions with Nasdaq to comply with listing rules requiring majority independent directors on the board.
  • Alt5 Sigma announced the $1.5 billion deal with World Liberty Financial, co-founded by Donald Trump and his sons, involving digital token purchases.
  • As of September 8, World Liberty Financial tokens traded at $0.2092, valuing Alt5 Sigma's holdings at $1.5 billion and reflecting market volatility.
  • The leadership change highlights regulatory influence on corporate governance at Alt5 Sigma and may affect market confidence and future compliance monitoring.
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Forbes broke the news in United States on Tuesday, September 9, 2025.
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