JanOne (JAN) Prnewswire·2024-07-12 22:22Company Overview - The company has undergone a name change to "ALT5 Sigma Corporation" and a ticker symbol change to "ALTS" effective July 15, 2024, as part of its strategic realignment towards fintech, specifically focusing on the recently acquired ALT5 Sigma fintech [8][2] - The company operates as a multidisciplinary organization listed on Nasdaq, with a dual focus on healthcare and fintech, and is a constituent of the Russell Microcap Index starting June 28, 2024 [2] Fintech Operations - ALT5 Pay is a cryptocurrency payment gateway that allows global merchants to accept and make cryptocurrency payments, with options to convert payments to fiat currency or receive them in digital assets [3] - The company processed over US$1.2 billion in cryptocurrency transactions through its fintech subsidiaries in 2023, indicating significant activity in the digital asset space [9] Healthcare Initiatives - The company is actively developing solutions aimed at addressing the opioid crisis, focusing on innovative drugs in the clinical trial pipeline that target pain without the addictive properties of traditional opioids [4] - The company is committed to funding resources for innovation, technology, and education to combat the national opioid epidemic, which is recognized as one of the deadliest in U.S. history [4] Additional Platforms - ALT5 Prime is an electronic over-the-counter trading platform that facilitates the buying and selling of digital assets, allowing customers to transact in both fiat and digital currencies [10] - The platform is accessible via a mobile application named "ALT5 Pro," which can be downloaded from major app stores and through various financial gateways for approved customers [10]