Eric Trump’s Director Plans Scrapped, Shifted To Observer Role On Alt5 Sigma Board After Nasdaq Review
Posted On September 9, 2025
Eric Trump, son of Donald Trump, will now serve as an observer on Alt5 Sigma‘s (NASDAQ:ALTS) board instead of taking a director seat.
What Happened: Alt5 Sigma Corporation disclosed in an SEC filing on Tuesday that Eric Trump will no longer serve as a director, instead being redesignated as a board observer alongside co-founder Zachary Folkman.
The decision follows undisclosed discussions with Nasdaq, though the filing did not cite which listing rule prompted the change.
According to Forbes, legal experts remain puzzled as to why Nasdaq permitted …
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