Axe Compute Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Axe Compute (AGPU) granted a non-qualified stock option to purchase 60,000 common shares to one non-executive individual as an employment inducement, effective September 7, 2026, under Nasdaq Listing Rule 5635(c)(4).

Rhea-AI Summary

Axe Compute (AGPU) granted a non-qualified stock option to purchase 60,000 common shares to one non-executive individual as an employment inducement, effective September 7, 2026, under Nasdaq Listing Rule 5635(c)(4).

The option was granted outside Axe Compute’s 2024 Equity Incentive Plan. It has an exercise price of $10.67 per share and a ten-year term. Vesting occurs with one-third of the shares on the first anniversary of the grant date, and the remaining two-thirds vesting in equal monthly installments over the next twenty-four months, subject to the individual’s continued service through each vesting date.

Market Context

AGPU's prior close was $10.56, versus the option's $10.67 exercise price; the grant disclosed an exe...

Analysis

AGPU's prior close was $10.56, versus the option's $10.67 exercise price; the grant disclosed an exercise term above the pre-publication reference price, alongside a ten-year term and staged vesting.

Key Figures

Option shares: 60,000 shares Exercise price: $10.67 per share Grant date: September 7, 2026 +3 more

Option shares

60,000 shares

Inducement grant to one non-executive employee

Exercise price

$10.67 per share

Stock option grant

Grant date

September 7, 2026

Stock option grant

Option term

Ten years

Stock option grant

Initial vesting

One-third of shares

Vests on the one-year anniversary of the grant date

Remaining vesting

Equal monthly installments over 24 months

Subject to continued service

Key Terms

non-qualified stock option, nasdaq listing rule 5635(c)(4), exercise price, vesting

4 terms

non-qualified stock option financial

"granted a non-qualified stock option to purchase 60,000 shares"

A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.

nasdaq listing rule 5635(c)(4) regulatory

"in accordance with Nasdaq Listing Rule 5635(c)(4)"

NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.

exercise price financial

"The stock option has an exercise price of $10.67 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"vests as follows: one-third of the shares subject to the option"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PITTSBURGH, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Axe Compute Inc. (NASDAQ: AGPU) (the “Company”) today announced that it has granted a non-qualified stock option to purchase 60,000 shares of the Company’s common stock to one non-executive individual as an inducement material to the individual's acceptance of employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The option was not granted under the Company’s 2024 Equity Incentive Plan.

The stock option has an exercise price of $10.67 per share and a grant date of September 7, 2026. The option has a ten-year term and vests as follows: one-third of the shares subject to the option vest on the one-year anniversary of the grant date, and the remaining shares vest in equal monthly installments over the following twenty-four months, in each case subject to continued service through the applicable vesting date.

About Axe Compute

Axe Compute Inc. (NASDAQ: AGPU) is a neocloud AI infrastructure platform built on a fundamental premise: AI innovation should not be constrained by hardware choice or availability. The company provides enterprises and AI innovators with flexibility across hardware, geography, and deployment models through two core offerings: Axe Compute Access, delivering high-performance GPU infrastructure across global locations, and Axe Compute Build, enabling the design, deployment, ownership, and operation of large-scale, dedicated AI infrastructure worldwide. Axe Compute is headquartered in Pittsburgh, Pennsylvania. For more information, visit axecompute.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements are statements other than statements of historical fact and can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “project,” “will,” “may,” “should,” “would,” “could,” “target,” “forecast,” “seek,” “continue,” and similar expressions.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including risks described in Axe Compute’s filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Axe Compute undertakes no obligation to update them, except as required by law.

Media and Investor Relations Contact
Erin McMahon
ir@axecompute.com