POWERCOMPUTE, INC. 8-K

What Happened
PowerCompute, Inc. (f/k/a LM Funding America) announced it has regained compliance with Nasdaq’s $1.00 bid-price requirement after completing a 1-for-25 reverse stock split. The company received an initial Nasdaq notice on January 7, 2026 that its share price had been below $1.00 for 30 consecutive business days and was given 180 days (until July 6, 2026) to cure the deficiency. After completing the reverse split (effective July 3, 2026) and receiving a second notice on July 7, 2026 granting an additional compliance period to January 4, 2027, Nasdaq notified the company it had met the $1.00 closing bid requirement for a consecutive 10-business-day period and thus regained compliance. PowerCompute issued a press release announcing Nasdaq compliance on July 29, 2026.

Key Details

• Nasdaq initial notice: January 7, 2026 — 180 days to regain compliance (deadline July 6, 2026).
• Reverse split: 1-for-25, effective July 3, 2026.
• Nasdaq second notice: July 7, 2026 — granted an additional 180 days (until January 4, 2027) as the company met other listing requirements and intended to cure the bid-price deficiency.
• Nasdaq notified the company it had regained compliance after a 10-business-day stretch of $1.00+ closing bids (period reported as July 13–July 24, 2026); the filing contains apparent typographical references to 2024 that appear to be errors.

Why It Matters
Regaining compliance removes the immediate risk of Nasdaq delisting tied to the sub-$1.00 bid-price deficiency. The reverse split consolidated outstanding shares, which can raise the per-share trading price but may reduce the number of shares outstanding and affect liquidity and trading dynamics. Investors should note the reverse split effective date (July 3, 2026) for any share-count or historical price comparisons and watch future filings for continued compliance or other corporate actions.