AI Financial Corp Sells Canadian Subsidiary to PrimeDelta for $12M and Shares

AI Financial Corp offloads ALT5 Sigma Canada to PrimeDelta Corp via $12M notes and 11.6M shares, per SEC filings.

Woofun AI reports that AI Financial Corp, formerly ALT5 Sigma, has transferred its Canadian subsidiary, ALT5 Sigma Canada, to New York-based PrimeDelta Corp. SEC filings reveal the transaction involves $12 million in secured promissory notes, with $1 million due next week and the balance paid in installments, alongside approximately 11.6 million shares of PrimeDelta stock.