Alpha Compute Corp filed a Form 6-K on October 30, 2026, reporting that its Board of Directors approved Amendment No. 3 to the company's Amended and Restated 2021 Equity Incentive Plan, increasing the total shares reserved under the plan to 1,070,127.

Key Highlights

  • Plan amendment approved: The Board approved Amendment No. 3 to the Amended and Restated 2021 Equity Incentive Plan on September 30, 2026.
  • New share allocation: The total shares reserved and available for grant and issuance under the plan were increased to 1,070,127 shares.
  • Special Share Allocation: Of the 1,070,127 shares, 387,727 are reserved for awards meeting at least two of three defined criteria: time-based vesting, share price milestone vesting, or an exercise price that is a multiple of the grant date share price.
  • Annual increase provision: The Board may, in its sole discretion, increase the share limit (excluding the Special Share Allocation) each calendar year by up to 4% of the aggregate shares then outstanding, on a cumulative basis.
  • Form S-8 registration: The Board authorized the company to file a Form S-8 registering up to 1,070,127 shares issuable under the amended plan.
  • Stated purpose: According to the filing, the amendment is "intended to provide an incentive structure for the Company's executive management team that is aligned with shareholder interests."

Alpha Compute Corp Amends 2021 Equity Incentive Plan, Expanding Share Pool

Alpha Compute Corp, a foreign private issuer, reported via Form 6-K that its Board of Directors, acting on the recommendation of the Compensation Committee, approved Amendment No. 3 to its Amended and Restated 2021 Equity Incentive Plan on September 30, 2026. The filing was submitted on October 30, 2026, and signed by Chief Executive Officer Brittany Kaiser.

According to the filing, the amendment sets the total shares reserved and available for issuance under the plan at 1,070,127. Within that total, 387,727 shares constitute a "Special Share Allocation" designated for awards that satisfy at least two of three specified criteria: time-based vesting; share price milestone vesting; and, for options, an exercise price set at a multiple of the grant date share price. The remaining portion of the share limit (excluding the Special Share Allocation) is subject to an annual discretionary increase of up to 4% of aggregate outstanding shares, on a cumulative basis, at the Board's sole discretion.

The filing also discloses that the Board authorized the company to file a Form S-8 registration statement with the SEC to register up to 1,070,127 shares issuable under the plan as amended. The filing notes that the description of the plan amendment "is a summary only and is qualified in its entirety by reference to the full text of the Plan Amendment," which is attached as Exhibit 99.1. The Form 6-K is incorporated by reference into the company's existing Form S-8 (File Nos. 333-275842 and 333-289199) and Form F-3 (File Nos. 333-286961, 333-290827, 333-291341, and 333-291921) registration statements.

What Was Disclosed

Alpha Compute Corp disclosed Board approval of Amendment No. 3 to its 2021 Equity Incentive Plan, increasing the total share reserve to 1,070,127, designating 387,727 of those shares as a Special Share Allocation, and authorizing a related Form S-8 filing.