---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-000690"
form_type: "8-K"
ticker: "AGPU"
cik: "0001446159"
company_name: "Axe Compute Inc."
filed_at: "2026-02-09T23:59:59+00:00"
generated_at: "2026-05-16T03:52:13.398020+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axe Compute terminates CEO Vennare; appoints Miglino as new CEO, grants 500K options

## Summary
- Raymond Vennare terminated without cause as CEO, effective Feb 9, 2026; receives $575k severance and $287.5k 2025 bonus.
- Christopher Miglino appointed CEO and board member, effective Feb 9, 2026.
- Miglino's annual base salary is $575k; bonus up to 50% of salary; inducement stock options for 500k shares vesting over 3 years.
- Press release signals strategic focus on decentralized compute and AI infrastructure under new leadership.

## SEC filing metadata
- accession: 0001171843-26-000690
- form_type: 8-K
- ticker: AGPU
- cik: 0001446159
- company_name: Axe Compute Inc.
- filed_at: 2026-02-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1446159/000117184326000690/0001171843-26-000690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1446159/000117184326000690/f8k_020926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-000690
- JSON: https://secwatch.observer/filing/0001171843-26-000690.json
- Plain text: https://secwatch.observer/filing/0001171843-26-000690.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.