ALT5 Sigma Faces Auditor License Expiration Amid Nasdaq Delisting Risk
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 29 2025- Auditor License Issue: ALT5 Sigma's newly appointed auditor, Victor Mokuolu CPA PLLC, has been operating without an active license since August, preventing the company from conducting audits and exacerbating investor unease regarding financial transparency.
- Regulatory Compliance Gaps: The audit firm has a history of regulatory fines for failing to notify authorities about audits on time, having been penalized by the PCAOB in 2023 and the Texas State Board of Accountancy in 2024, raising significant concerns about its compliance track record.
- Delayed Financial Reporting: ALT5 Sigma has not filed its quarterly results for the period ending September, putting it at risk of delisting from Nasdaq, with its stock price plummeting over 77% since the beginning of 2025, indicating a lack of market confidence in its future.
- Board Resignation Impact: The resignation of board member David Danziger has left the company non-compliant with Nasdaq's requirements for an adequately staffed audit committee, potentially leading to further compliance issues.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
