Alpha Compute Corp., a provider of high-density AI compute infrastructure, announced it received formal notification from Nasdaq granting an additional 180-day compliance period, until March 1, 2027, to regain compliance with the minimum bid price requirement for continued listing. The company's common stock, trading under the symbol ALP on The Nasdaq Capital Market, had been below the $1.00 per share minimum closing bid price for 30 consecutive business days, prompting the initial notification on March 2, 2026. Nasdaq determined that Alpha Compute meets all other listing standards, and the company has expressed its intention to cure the deficiency, potentially through a reverse share split. To regain compliance, the stock must close at or above $1.00 for at least 10 consecutive business days during the extension period. CEO Brittany Kaiser stated that the extension provides runway to execute the company's plan, emphasizing a focus on enterprise revenue and operating margins.
Alpha Compute CorpNasdaq grants 180-day extension to regain bid price compliance, providing time to execute plan.
