Alpha Compute Corp. ("Alpha Compute" or the "Company") (NASDAQ:ALP), a provider of high-density AI compute infrastructure and enterprise GPU services, today announced that on August 31, 2026 it received formal notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180 calendar day compliance period, until March 1, 2027, to regain compliance with the minimum bid price requirement for continued listing.

Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum closing bid price of $1.00 per share. The Company was previously notified on March 2, 2026 that the closing bid price of its common stock had been below $1.00 per share for 30 consecutive business days.

In granting the second compliance period, Nasdaq determined that the Company meets the continued listing requirement for market value of publicly held shares, as well as all other applicable initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement. The Company also provided written notice to Nasdaq of its intention to cure the deficiency during the second compliance period, including, if necessary, by effecting a reverse share split.

To regain compliance, the closing bid price of the Company's common stock must be at least $1.00 per share for a minimum of 10 consecutive business days during the additional 180-day period. Nasdaq may, in its discretion, require the Company to maintain a bid price of at least $1.00 per share for a period in excess of 10 consecutive business days, but generally no more than 20 consecutive business days, before determining that compliance has been achieved.