Board members and CIO exit Axe Compute (NASDAQ: AGPU) in January

Rhea-AI Filing Summary

Axe Compute Inc. reported several leadership changes. On January 15, 2026, directors Shawn Matthews and Veena Rao resigned from the board, with Ms. Rao’s resignation effective January 30, 2026. The company states that neither director resigned because of any disagreement over operations, policies, or practices.

On January 19, 2026, Thomas McLaughlin resigned as Chief Investment Officer, and the company likewise notes no disagreement related to its operations, policies, or practices. The filing does not describe replacements or broader strategic changes linked to these departures.

Positive

• None.

Negative

• Multiple leadership departures: Two directors and the Chief Investment Officer resigned in January 2026, which may signal governance or continuity risk despite the company stating no disagreements.

Insights

Corporate governance analyst

Multiple leadership resignations at Axe Compute may raise governance questions.

Axe Compute Inc. disclosed the resignations of two directors, Shawn Matthews and Veena Rao, with Ms. Rao’s departure effective on January 30, 2026. Shortly afterward, Chief Investment Officer Thomas McLaughlin also resigned effective January 19, 2026. The company explicitly states that none of these resignations stem from disagreements over operations, policies, or practices.

Even without stated disagreement, clustered departures of board members and a key officer can prompt investors to examine board composition, oversight continuity, and how strategic decisions will be managed. The filing does not identify successors or changes to committee roles, so later disclosures will clarify how the board and investment functions are being reshaped.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 15, 2026

Axe Compute Inc.

(Exact name of Registrant as Specified in its Charter)

Delaware	001-36790	33-1007393
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

91 43rd Street, Suite 110

Pittsburgh, Pennsylvania 15201

(Address of Principal Executive Offices) (Zip Code)

(412) 432-1500

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, $0.01 par value	AGPU	NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 15, 2026 (i) Shawn Matthews resigned as a director of Axe Compute Inc. (the “Company”), effective as of January 15, 2026, and (ii) Veena Rao resigned as a director of the Company, effective as of January 30, 2026. The resignation of each of Mr. Matthews and Ms. Rao is not based on any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

On January 19, 2026, Thomas McLaughlin resigned as the Chief Investment Officer of the Company, effective as of January 19, 2026. The resignation of Mr. McLaughlin is not based on any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
104	Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AXE COMPUTE INC.
Date: January 22, 2026	By:	/s/ Josh Blacher
		Name: Josh Blacher Title: Chief Financial Officer

FAQ

What leadership changes did Axe Compute Inc. (AGPU) disclose in this 8-K?

The company reported that directors Shawn Matthews and Veena Rao resigned from the board, and Thomas McLaughlin resigned as Chief Investment Officer, all in January 2026.

Were the resignations at Axe Compute Inc. due to disagreements with the company?

The company states that the resignations of Shawn Matthews, Veena Rao, and Thomas McLaughlin were not based on any disagreement regarding its operations, policies, or practices.

When are the director resignations at Axe Compute Inc. effective?

Shawn Matthews resigned effective January 15, 2026, and Veena Rao will be effective as of January 30, 2026.

When did the Chief Investment Officer of Axe Compute Inc. resign?

Thomas McLaughlin resigned as Chief Investment Officer effective January 19, 2026.

Does the 8-K describe replacements for the departing Axe Compute directors or CIO?

The disclosure describes the resignations but does not identify any successors or new appointments in these roles.

What stock exchange is Axe Compute Inc. listed on and under what symbol?

Axe Compute Inc. common stock trades on the NASDAQ Capital Market under the symbol AGPU.