TAMPA, Fla., July  29, 2026  (GLOBE NEWSWIRE) -- PowerCompute, Inc. (NASDAQ:PWCM) (&#34;PowerCompute&#34; or the &#34;Company&#34;), a Bitcoin treasury and mining and technology-based specialty finance company expanding

PWCM

PowerCompute Regains Compliance with Nasdaq Minimum Bid Price Requirement

PowerCompute Regains Nasdaq Minimum Bid Compliance, Enhancing Listing Credibility.

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>TAMPA, Fla., July  29, 2026  (GLOBE NEWSWIRE) -- PowerCompute, Inc. (NASDAQ:PWCM) (&amp;#34;PowerCompute&amp;#34; or the &amp;#34;Company&amp;#34;), a Bitcoin treasury and mining and technology-based specialty finance company expanding</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>PowerCompute says Nasdaq has closed the compliance issue, confirming PWCM&#039;s closing bid price met the $1 threshold for the required period. The milestone reduces delisting risk and may bolster liquidity and access to capital as the company scales its 26 MW power assets, expands into HPC/AI infrastructure, and pursues enhanced shareholder value.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Nasdaq confirms PWCM meets $1.00 minimum bid price for required period.</li><li>Company regains Nasdaq listing compliance; CEO cites listing credibility and shareholder value.</li><li>PowerCompute operates 26 MW of owned power infrastructure in OK and MS.</li><li>Forward-looking risks disclosed; listing maintenance covered in risk factors.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>PowerCompute, Inc. (PWCM)</strong>: Regained Nasdaq minimum bid price compliance; potential uplift in liquidity and access to capital.</li><li><strong>Nasdaq Stock Market LLC / Nasdaq, Inc. (NDAQ)</strong>: Exchange operator; regulatory milestone that supports PWCM&#039;s listing viability.</li><li><strong>KCSA Strategic Communications (N/A)</strong>: IR/PR firm; press contact; no direct price impact.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The listing compliance milestone directly affects PWCM&#039;s liquidity profile and access to capital, relevant for a microcap with crypto/mining exposure.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Nasdaq compliance milestone may trigger a short-term PWCM price pop.</li><li>Liquidity prospects improve with continued listing stability and investor confidence.</li><li>AI/HPC expansion news could attract strategic interest and capex.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>PowerCompute, Inc. trades on NASDAQ as PWCM.</li><li>Date of press release: July 29, 2026.</li><li>Closing bid price met the $1.00 minimum per share for the required period.</li><li>PWCM operates 26 MW of owned power infrastructure in Oklahoma and Mississippi.</li><li>Founded in 2008; headquarters in Tampa, Florida.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term relief; PWCM could see stronger liquidity and financing access within 3–6 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">TAMPA, Fla., July  29, 2026  (GLOBE NEWSWIRE) -- <strong>PowerCompute, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PWCM">PWCM</a>) ("PowerCompute" or the "Company"),</strong> a Bitcoin treasury and mining and technology-based specialty finance company expanding into high-performance computing ("HPC") and artificial intelligence ("AI") infrastructure, today announced that the Company received notice from The Nasdaq Stock Market LLC ("Nasdaq") on July 27, 2026, indicating that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).</p>  <p align="justify">Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share. Nasdaq confirmed that the closing bid price of the Company’s common stock had met the applicable requirement for the required period and has advised the Company that the matter is now closed.</p>  <p align="justify">Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute, commented, "Regaining compliance with the continued listing requirements of Nasdaq and the preservation of our listing is paramount to the Company, given the credibility and exposure it offers. As our business progresses and gains momentum, we believe our listing is vital to our mission of enhancing shareholder value and strategically aligning the Company for ongoing success."</p>  <p><strong>About PowerCompute</strong></p>  <p align="justify">PowerCompute, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PWCM">PWCM</a>) is a Bitcoin treasury and mining and technology-based specialty finance company expanding into high-performance computing and artificial intelligence infrastructure. Founded in 2008 and headquartered in Tampa, Florida, the Company operates 26 megawatts of wholly-owned power infrastructure across facilities in Oklahoma and Mississippi. The Company also operates a technology-enabled specialty finance business providing funding to nonprofit community associations primarily in the State of Florida. For more information, please visit <a href="https://www.globenewswire.com/Tracker?data=0YCYZ3HWTJGtdmTXkEi3MotY_eYsCrSiCQLer4kyfxRA1VNnQNP_b3YSQ5XEMOv1V4UZUviCVw_3uw4QoNRinN45t7eOoQ1GcTehG-nsxl4YCdxHx_rZps40VtgHoX8g" rel="nofollow" target="_blank">https://www.power-compute.com</a>.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p align="justify">This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov. These risks and uncertainties include, without limitation, to maintain our listing on the Nasdaq Capital Market, our ability to successfully enter and operate in the high-performance computing and AI infrastructure business, the availability and cost of GPU and related infrastructure equipment, competition in the HPC and AI compute market, our ability to finance our site acquisitions and cryptocurrency mining operations, the risks of operating in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collect sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.</p>  <p><strong>Investor and Media Contact</strong></p>  <p>KCSA Strategic Communications<br></br>Philip Carlson<br></br><a href="https://www.globenewswire.com/Tracker?data=-lz_RqhkrhzOvDDRlSz_qB7k_nj3BVBJyW02NI-0id4U8fhHn700NxVlzluJpr43FuFSF8kS9DylgJq_y2ZVYNT5ymr83EsDl6If36tMgtI=" rel="nofollow" target="_blank">pcarlson@kcsa.com</a><br></br>212-896-1233</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc5OTkyOCM3NzQ3ODc1IzIwMTk5Mjc="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YTIyMWFkZTAtMWZmMy00OTZkLWJhMTUtZjM5M2NmZDkwM2E4LTEwMzE0OTktMjAyNi0wNy0yOS1lbg==/tiny/PowerCompute-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/f9b6d2e0-07b8-46ad-9d8c-95495305ab8f"><img src="https://ml.globenewswire.com/media/f9b6d2e0-07b8-46ad-9d8c-95495305ab8f/small/full-logo-jpg.jpg" border="0" width="150" height="84" alt="Primary Logo"></img></a></p>

PowerCompute says Nasdaq has closed the compliance issue, confirming PWCM's closing bid price met the $1 threshold for the required period. The milestone reduces delisting risk and may bolster liquidity and access to capital as the company scales its 26 MW power assets, expands into HPC/AI infrastructure, and pursues enhanced shareholder value.

News insight

PowerCompute Regains Compliance with Nasdaq Minimum Bid Price Requirement

AI summary

Sentiment rationale

Key facts

Corporate Developments