Dividends & Buybacks ·
Alpha Compute Corp announced a reverse stock split of its ordinary shares on a 1-for-50 basis
ALPAlpha Compute Corp
Alpha Compute Corp announced a reverse stock split of its ordinary shares on a 1-for-50 basis. The effective date has been changed from September 8, 2026, to September 9, 2026, when the company's ordinary shares will begin trading on a post-split basis under the symbol “ALP” on The Nasdaq Capital Market with CUSIP G7185A144. As a result of the split, every fifty issued ordinary shares will be combined into one, reducing the total number of issued and outstanding shares from 77,492,393 to approximately 1,549,848. Fractional shares of 0.5 or higher are rounded up, while fractions less than 0.5 are cancelled. This action is intended to increase the market price per share to maintain compliance with Nasdaq continued listing requirements. Alpha Compute Corp operates in the technology industry, providing computing infrastructure and services.