Alpha Compute moves 1-for-50 reverse split to Sept. 9
Alpha Compute Corp will effect a 1-for-50 reverse share split on September 9, 2026 to reduce its share count and support continued Nasdaq listing compliance.
Rhea-AI Filing Summary
Alpha Compute Corp (ALP) is implementing a reverse 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 shares will begin trading on a post-split basis.
Every fifty issued ordinary shares will be automatically combined into one, reducing issued and outstanding shares from 77,492,393 to approximately 1,549,848, with no action required from shareholders. Fractions of 0.5 or higher will be rounded up, smaller fractions cancelled. The shares will continue to trade on the Nasdaq Capital Market under the symbol ALP with a new CUSIP. The reverse split is intended to increase the market price per share to help maintain compliance with Nasdaq continued listing requirements.
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Filing Explained
The disclosed reverse split changes the share count and proportionally raises the per-share price, but the split itself does not change the company’s value.
Key Figures
Key Terms
Nasdaq Capital Market market
continued listing requirements regulatory
FAQ
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