Announcement
Perpetuals.com (ticker PDC.O), a US‑based fintech headquartered in Japan, issued a statement on Tuesday, 14 July 2026, confirming that it has terminated the letter of intent to acquire Alt5 Sigma Canada Inc., a subsidiary of AI Financial Corporation. The termination ends the acquisition discussions that were linked to the Trump‑family‑backed crypto venture World Liberty Financial.
Share Price Reaction
Following the announcement, Perpetuals.com shares rose as much as 15 % during Tuesday trading.
Acquisition Background
On 7 July 2026, Perpetuals.com announced that it had signed a non‑binding term sheet to explore the potential purchase of Alt5 Sigma Canada Inc. The target is an AI Financial Corporation subsidiary that is closely connected to World Liberty Financial.
Additional Information
The news article was generated with AI assistance and reviewed by an editor, as noted in the Reuters footer. The piece was published by Investing.com on 14 July 2026 at 07:24 pm.