WLFI-linked AI Financial flags ‘going concern’ as losses mount

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Source: Google Finance Related: Trump-backed Truth Social pulls bids for crypto ETFs The company’s stock has fallen by nearly 87.5% over the past 12 months. It first looked to become a WLFI treasury company in early August after closing a $1.5 billion direct offering and private placement led by World Liberty Financial. At the time of the deal closing, Witkoff became AI Financial’s chairman, while World Liberty co-founder Zak Folkman became a board observer. US President Donald Trump’s son, Eric Trump, joined the company’s board, but was quietly removed from the leadership section of its website late last month. Magazine: Trump’s crypto ventures raise conflict of interest, insider trading questions More on the subject

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