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SEC FILINGS

Axe Compute updates stock offering to $100M

Axe Compute updates its at-the-market stock offering to up to $100 million. The company's market cap is $31 million.

Isabella Martinez
ByIsabella Martinez- Senior Editor
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0
Axe Compute updates stock offering to $100M
Photo: Prepared by Bond.az

Axe Compute Inc. (NASDAQ:AGPU) announced on Friday it has updated its at-the-market equity offering program.

According to an SEC filing, the company may now sell up to $100 million of its common stock, effective from May 15, 2026.

This amount is more than three times the company's current market cap of $31 million. Shares trade at $5.85.

The ATM program was originally established with H.C. Wainwright & Co., LLC on May 3, 2024.

The company is no longer subject to certain offering limitations under Form S-3.

In the past 12 months, Axe Compute sold securities worth approximately $12.7 million.

Legal counsel Lucosky Brookman LLP issued an opinion on the shares.

This filing does not constitute an offer to sell securities.

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