Alpha Compute Approves 1-for-50 Reverse Split to Regain Nasdaq Compliance
ALP sits 38% above its 52-week low of $0.136 on light trading volume (0.3× avg).
Summary
Alpha Compute approved a 1-for-50 reverse share split effective September 8, 2026, reducing shares outstanding from 77.49 million to approximately 1.55 million to regain Nasdaq's $1.00 minimum bid price compliance.
Key Events · Corporate Governance and Compliance · ALP
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1-for-50 Reverse Split Approved
Board approved a 1-for-50 reverse share split on August 17, 2026, with post-split trading to begin September 8, 2026.
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Share Count Reduced to ~1.55M
Outstanding shares will drop from 77,492,393 to approximately 1,549,848, with fractional shares of 0.5 or higher rounded up.
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Nasdaq Compliance Deadline
The reverse split is intended to lift the share price above the $1.00 minimum bid requirement, following Nasdaq's 180-day extension granted September 2, 2026, with a deadline of March 1, 2027.
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New CUSIP Number
Shares will trade under new CUSIP G7185A144 on Nasdaq Capital Market under symbol ALP.
Analysis · ALP · Crypto Assets
Alpha Compute's board approved a 1-for-50 reverse share split on August 17, 2026, with post-split trading to begin September 8, 2026. The move reduces outstanding shares from 77.49 million to approximately 1.55 million, directly aimed at lifting the share price above Nasdaq's $1.00 minimum bid requirement. This follows the Nasdaq extension granted just one day earlier, giving the company until March 1, 2027 to regain compliance. The reverse split is a critical step to avoid delisting, but it also concentrates ownership and can increase volatility.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 37.9% of the 895 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.87%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALP was trading at $0.19 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $14.6M. The 52-week trading range was $0.14 to $13.80. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.