Alpha Compute sets 1-for-50 reverse stock split
Alpha Compute Corp will implement a 1-for-50 reverse share split effective with trading on September 8, 2026 to support continued Nasdaq listing compliance.
Rhea-AI Filing Summary
Alpha Compute Corp (ALP) announced that its board approved a 1-for-50 reverse split of its ordinary shares, referred to as the Reverse Share Split. The company’s ordinary shares will begin trading on a post-split basis on September 8, 2026 on The Nasdaq Capital Market under the symbol ALP with a new CUSIP.
Every 50 issued ordinary shares will be automatically combined into 1 issued ordinary share, with fractional shares of 0.5 or higher rounded up and fractions below 0.5 cancelled. The number of issued and outstanding ordinary shares will be reduced from 77,492,393 to approximately 1,549,848 shares. The Reverse Share 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 filing incorporates the reverse-split disclosure into listed registration statements, while the split itself leaves company value unchanged.
The report states that the reverse-split disclosure is incorporated by reference into Alpha Compute’s listed Form S-8 and Form F-3 registration statements, extending this filing’s content into those existing registration documents.
A reverse split reduces the share count and raises the per-share price proportionally; the split itself does not change the company’s value.
Key Figures
Key Terms
Form 6-K regulatory
The Nasdaq Capital Market market
continued listing requirements regulatory
FAQ
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