Alpha Compute Corp. (NASDAQ: ALP) announced that the closing of its acquisition of a 60% controlling interest in mobile gaming platform GAMEE has been extended to May 2026 from the original April target date. The delay reflects the time required to complete GAMEE's 2025 annual financial audit, which is a required closing condition under the share purchase agreement.

The transaction, valued at up to $11 million with performance-linked earn-outs over two years, values GAMEE at an $18 million enterprise valuation. Alpha Compute shares will be valued at $1.00 per share at closing. GAMEE, a wholly owned subsidiary of Animoca Brands since 2020, operates a mobile gaming platform with over 119 million registered users and more than 10 billion lifetime gameplay sessions.

GAMEE reported estimated revenue of $926,000 in the first quarter of 2026, representing 56% year-over-year growth compared to $593,000 in the first quarter of 2025. The platform recorded 1.7 million monthly active users and 150,000 daily active users across all platforms during the quarter.

Alpha Compute completed its corporate rebrand from AlphaTON Capital Corp. on April 20, 2026, with shares now trading under the ticker symbol "ALP" on the Nasdaq Capital Market. The company provides AI GPU-as-a-service and operates NVIDIA Blackwell GPU clusters inside trusted execution environments.

The acquisition was initially announced through a non-binding letter of intent in September 2025, with a definitive share purchase agreement signed in March 2026. Martin Zakovec will continue as CEO of GAMEE following the transaction's completion.