secwatch.observer — SEC 8-K summary
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Issuer:     Axe Compute Inc. (AGPU)
CIK:        0001446159
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001171843-23-002440
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Predictive Oncology to effect 1-for-20 reverse stock split on April 24 for Nasdaq compliance
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- 1-for-20 reverse stock split effective 12:01 a.m. April 24, 2023; trading begins split-adjusted same day.
- Split reduces outstanding shares from 79.6M to approximately 3.98M, with fractional shares rounded up.
- Purpose is to regain compliance with Nasdaq minimum bid price requirement for continued listing.
- Shareholders approved split at a reconvened special meeting on April 19, 2023; ratio determined by Board.
- CUSIP changes to 74039M309; par value remains $0.01 per share; symbol unchanged (POAI).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1446159/000117184323002440/0001171843-23-002440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1446159/000117184323002440/f8k_042023.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002440

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer