PITTSBURGH, Oct. 21, 2026 (GLOBE NEWSWIRE) — Axe Compute I c. (NASDAQ: AGPU) (the “Compa y”) today a ou ced that the Compe satio Committee, which is comp ised solely of i depe de t di ecto s, of the Compa y’s Boa d of Di ecto s app oved the g a t of optio s to pu chase a agg egate of 100,000 sha es of the Compa y’s commo stock to th ee ewly hi ed o -executive employees as i duceme ts mate ial to each employee’s e te i g i to employme t with the Compa y i acco da ce with Nasdaq Listi g Rule 5635(c)(4).
The optio s we e g a ted o Octobe 15, 2026 a d have a exe cise p ice of $8.60 pe sha e, which is equal to the closi g p ice of the Compa y’s commo stock o the last t adi g day p io to the g a t date. The optio s each have a te -yea te m a d vest as follows: o e-thi d of the sha es subject to each optio vest o the o e-yea a ive sa y of the g a t date, a d the emai i g sha es subject to each optio vest i equal mo thly i stallme ts ove the followi g twe ty-fou mo ths, i each case subject to each employee’s co ti ued se vice, espectively, th ough the applicable vesti g date.
Axe Compute I c. (NASDAQ: AGPU) is a eocloud AI i f ast uctu e platfo m built o a fu dame tal p emise: AI i ovatio should ot be co st ai ed by ha dwa e choice o availability. The compa y p ovides e te p ises a d AI i ovato s with flexibility ac oss ha dwa e, geog aphy, a d deployme t models. Axe Compute desig s, deploys, ow s, a d ope ates la ge-scale, dedicated AI i f ast uctu e wo ldwide, suppo ted by e te p ise-g ade SLAs a d ope atio al expe tise. Fo mo e i fo matio , visit axecompute.com.
