Axe Compute (AGPU) Registration filing summary

Company overview and business model

• Provides high-performance computing infrastructure for AI workloads by sourcing and deploying large-scale GPU capacity for enterprise clients under long-term service agreements.

• Offers two main customer models: custom infrastructure deployments and rapid access to third-party GPU compute resources.

• Maintains a legacy oncology drug discovery business, but is exploring strategic alternatives for this segment.

• Holds a significant reserve of ATH tokens, the native utility token of the Aethir decentralized GPU network, to secure immediate compute access.

Financial performance and metrics

• As of July 1, 2026, the market value of common stock held by non-affiliates is $79.8 million, based on 11,054,024 shares at $7.22 per share.

• Strategic Compute Reserve includes approximately 6.166 billion ATH tokens valued at $26.8 million as of July 1, 2026.

• Entered a 36-month, $260 million enterprise infrastructure contract in April 2026 for a dedicated cluster of 2,304 NVIDIA B300 GPUs.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, working capital, expanding compute infrastructure, and growing the Strategic Compute Reserve.

• May allocate funds for capital expenditures, IP or technology acquisitions, and potential investments in complementary businesses.

• Management has broad discretion over allocation and timing of expenditures.