Alpha Compute to consolidate shares 1-for-50 in Nasdaq compliance bid
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ALP• Reverse split details
- Alpha Compute will execute a , effective for trading on Sept. 8, 2026.
1-for-50 reverse share split
Issued shares are expected to drop to about 1,549,848 from 77,492,393; fractions of 0.5+ will round up, and below 0.5 will be cancelled.Shares will keep trading on Nasdaq under ALP; new CUSIP G7185A144.The move targets a higher share price to support compliance with Nasdaq continued listing rules.•
Alpha Compute to consolidate shares 1-for-50 in Nasdaq compliance bid - ALP News | Rallies