Corporate ActionOct 30, 2026, 04:07 PM
Alpha Compute Corp Amends Equity Plan, Increases Share Reserve to 1.07M
AI Summary
Alpha Compute Corp's Board of Directors approved an amendment to its 2021 Equity Incentive Plan, increasing the total number of shares reserved for issuance to 1,070,127. A special allocation of 387,727 shares is designated for awards with specific vesting conditions, including time-based and share price milestones. The company will also file a registration statement on Form S-8 to register these shares.
Key Highlights
- Alpha Compute Corp increases shares reserved under 2021 Equity Incentive Plan to 1,070,127 shares.
- 387,727 shares are reserved for awards meeting specific vesting criteria (time-based, share price milestone, or option exercise price multiple).
- Board can increase share limit annually by up to 4% of outstanding shares, excluding the special allocation.
- Company will file a registration statement on Form S-8 for up to 1,070,127 shares issuable under the amended plan.
Price Impact
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