07:51 AM EDT, 08/11/2025 (MT Newswires) -- ALT5 Sigma ( ALTS ) said Monday it has launched a registered direct offering and a private placement of its shares of common stock for expected gross proceeds of about $1.5 billion.

The direct offering and private placement are both for 100 million shares of its common stock at $7.50 per share, the company said.

World Liberty Financial paid for the securities in the private placement with $WLFI tokens, according to a statement.

The offerings are expected to close on or about Tuesday. ALT5 Sigma ( ALTS ) said it intends to use the net proceeds to fund the acquisition of $WLFI tokens, to establish its cryptocurrency treasury operations, as well as to settle existing litigation, pay existing debt, fund its existing business operations, and for working capital and general corporate purposes.

ALT5 Sigma ( ALTS ) shares were down more than 5% in premarket activity on Monday.