CRCM LP and affiliated filers reported shared beneficial ownership of 12,611,530 shares of ALT5 Sigma Corp Common Stock, representing 9.9% of the outstanding shares. The filing shows the denominator used was 127,166,254 shares outstanding as of April 9, 2026. Separate CRCM entities include CRCM Institutional Master Fund (BVI) with 8,080,000 shares (6.3%), CRCM B SPV with 3,720,847 shares (2.9%), and CRCM Fintech Fund with 693,403 shares (0.5%). The filing states the Investment Manager, General Partner, and Chun R. Ding may be deemed beneficial owners by virtue of managerial roles but disclaim beneficial ownership.
Positive
None.
Negative
None.
Insights
Large passive stake disclosed across CRCM entities, using a 127.17M share base.
The filing lists 12,611,530 shares (9.9%) held in shared voting and dispositive capacity by CRCM-affiliated accounts, citing an outstanding share base of 127,166,254 as of April 9, 2026. This provides a clear snapshot of concentration among CRCM vehicles.
Actual voting/decision authority is described through the Investment Manager, General Partner, and Mr. Ding; the filing also includes formal disclaimers of beneficial ownership. Subsequent filings or schedule changes will clarify any voting coordination or changes in percentage.
Filing clarifies attribution across manager, general partner, and individual while disclaiming direct ownership.
The statement explains that the Investment Manager and General Partner may be deemed to beneficially own the shares held by funds and managed accounts, while each disclaims beneficial ownership. The structure and attribution language follow standard Schedule 13G/A practice.
Key items to observe in future reports include any shifts in shared voting power or conversions that would change the >5% ownership profile reported here.
Key Figures
CRCM total shared holdings:12,611,530 sharesOwnership percentage:9.9%CRCM Institutional Master Fund holdings:8,080,000 shares+3 more
6 metrics
CRCM total shared holdings12,611,530 sharesshared voting/dispositive power reported on cover pages
Ownership percentage9.9%calculated using 127,166,254 shares outstanding as of April 9, 2026
CRCM Institutional Master Fund holdings8,080,000 shares<date>as of April 9, 2026</date>
CRCM B SPV holdings3,720,847 shares<date>as of April 9, 2026</date>
CRCM Fintech Fund holdings693,403 shares<date>as of April 9, 2026</date>
Shares outstanding used127,166,254 sharesdenominator cited from Form 10-K reported April 13, 2026
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
beneficial ownershipregulatory
"may be deemed to be the beneficial owner of all such shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Schedule 13G/Aregulatory
"form_type: SCHEDULE 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
What stake did CRCM report in ALT5 Sigma Corp (AIFC)?
CRCM and affiliated filers reported shared ownership of 12,611,530 shares, equal to 9.9% of common stock using a 127,166,254 share base as of April 9, 2026.
How many shares does CRCM Institutional Master Fund hold in ALT5 Sigma?
The filing attributes 8,080,000 shares to CRCM Institutional Master Fund, representing 6.3% of the company based on the reported outstanding share count of 127,166,254.
Who may be deemed the beneficial owner of the CRCM-held shares?
The Investment Manager (CRCM LP), the General Partner (CRCM LLC), and Chun R. Ding may be deemed beneficial owners by virtue of management roles; each party includes a formal disclaimer of beneficial ownership.
What outstanding share count does the filing use to calculate percentages?
Percentages are calculated using an outstanding share denominator of 127,166,254 shares of Common Stock as of April 9, 2026, cited in the filing and the company Form 10-K.
Does the filing show sole voting or dispositive power for CRCM?
The cover rows show 0 shares of sole voting and sole dispositive power and list the holdings under shared voting and shared dispositive power, as presented on the cover pages incorporated by reference.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
ALT5 Sigma Corp
(Name of Issuer)
Common Stock, $0.001 par value
(Title of Class of Securities)
47089W104
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
CRCM LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,611,530.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,611,530.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,611,530.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
CRCM LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,611,530.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,611,530.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,611,530.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
CRCM INSTITUTIONAL MASTER FUND (BVI), LTD.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,080,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,080,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,080,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
CRCM B SPV, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
3,720,847.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
3,720,847.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,720,847.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
CRCM Fintech Fund, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
693,403.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
693,403.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
693,403.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.5 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
47089W104
1
Names of Reporting Persons
Ding Chun R
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SAINT KITTS AND NEVIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
12,611,530.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
12,611,530.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
12,611,530.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Note to Row 11: The denominator for this calculation is based on 127,166,254 shares of Common Stock outstanding as of April 9, 2026, as reported in the Form 10-K filed with the U.S. Securities and Exchange Commission on April 13, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
ALT5 Sigma Corp
(b)
Address of issuer's principal executive offices:
325 E. Warm Springs Road, Suite 102, Las Vegas, Nevada, 89119
Item 2.
(a)
Name of person filing:
(i) CRCM LP, a Delaware limited partnership and the investment manager ("Investment Manager") of CRCM B SPV, LP, CRCM Master Fund, and CRCM Fintech Fund, LP (collectively, the "CRCM Funds") and separately managed account clients (the "Managed Accounts");
(ii) CRCM LLC, a Delaware limited liability company and the general partner (the "General Partner") of the Investment Manager, with respect to the shares held by the CRCM Funds and the Managed Accounts;
(iii) CRCM Institutional Master Fund (BVI), Ltd., a British Virgin Islands limited company ("CRCM Master Fund");
(iv) CRCM B SPV, LP, a Delaware limited partnership;
(v) CRCM Fintech Fund, LP, a Delaware limited partnership; and
(vi) Chun R. Ding ("Ding"), is a citizen of St. Kits and Nevis and the managing partner of the Investment Manager, the manager of the General Partner, with respect to the shares held by the CRCM Funds and the Managed Accounts.
(b)
Address or principal business office or, if none, residence:
The address of the principal business of (iii-v) CRCM Funds is 475 Sansome Street, Suite 730, San Francisco, CA 94111; (i, ii, and v) the Investment Manager, the General Partner, and Mr. Ding (c/o CRCM) is 475 Sansome Street, Suite 730, San Francisco, CA 94111.
(c)
Citizenship:
The citizenship of each Reporting Person is set forth above.
(d)
Title of class of securities:
Common Stock, $0.001 par value
(e)
CUSIP No.:
47089W104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
The shares of Common Stock reported hereby for the CRCM Funds are owned directly by the applicable fund. The Investment Manager, as investment manager of the CRCM Funds and the Managed Accounts, may be deemed to be the beneficial owner of all such shares owned by the CRCM Funds and the Managed Accounts. The General Partner, as general partner of the Investment Manager, may be deemed to be the beneficial owner of all of such shares owned by the CRCM Funds and the Managed Accounts. Mr. Ding, as managing partner of the Investment Manager, and manager of the General Partner with the power to exercise investment discretion, may be deemed to be the beneficial owner of all such shares owned by the CRCM Funds and the Managed Accounts. Each of the Investment Manager, the General Partner and Mr. Ding hereby disclaims any beneficial ownership of any such shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
