ALT5 Sigma Corp 8-K

What Happened
ALT5 Sigma Corporation (ALTS) announced in an 8-K that on January 30, 2026 its Board appointed Tim Stanley as an independent director and named him to the Board’s Audit Committee. The Board determined Mr. Stanley meets Nasdaq independence standards and the financial-literacy requirements of Rule 10A-3 under the Securities Exchange Act.

Key Details

• Appointment effective January 30, 2026; Mr. Stanley accepted the appointment the same day.
• Nasdaq had notified the company on December 3, 2025 that it was not in compliance with Nasdaq Listing Rule 5605(c); adding Mr. Stanley restored compliance within the cure period.
• Mr. Stanley’s background: founder/managing partner of Tekexecs LLC (founded 2009), founder/CEO & Chairman of Carepoynt (2016–2025), former Senior VP at Salesforce (2010–2014) and Caesars Entertainment; prior public-board roles include Support.com (2016–2017) and Multimedia Games (2010–2013).
• The company reports no related‑party transactions involving Mr. Stanley and no material contracts or arrangements tied to his appointment.

Why It Matters
For investors, the appointment both fills a board vacancy that had left ALT5 out of compliance with Nasdaq’s independent director rule and strengthens the Audit Committee with an experienced, financially literate independent director. That may improve oversight of financial reporting and internal controls; the filing contains no indications of related‑party issues or material compensation changes tied to the appointment.