Alpha Compute Corp. (NASDAQ:ALP), formerly AlphaTON Capital Corp., a pioneering technology leader in GPU-as-a-service (GPUaaS) and AI Confidential Compute, today provided an update on its previously announced acquisition of a 60% majority stake in GAMEE, a leading mobile gaming platform and wholly owned subsidiary of Animoca Brands. The Company confirms that the closing of the transaction is now expected in May 2026, following the completion of GAMEE’s 2025 annual financial audit, which is a condition precedent to closing.
On September 30, 2025, AlphaTON Capital Corp. and Animoca Brands announced a non-binding letter of intent proposing equity and token investments, including AlphaTON Capital’s potential acquisition of a majority stake in GAMEE. The announcement marked a significant strategic milestone, with Animoca Brands co-founder and executive chairman Yat Siu noting at the time that the deal, if completed, “would not only make GAMEE the first Nasdaq-listed Web3 gaming company with gaming assets listed on a major exchange, but also demonstrate how the Telegram ecosystem can support gaming businesses at scale.”
On March 19, 2026, AlphaTON Capital Corp. has entered into a definitive share purchase agreement to acquire a 60% majority interest in GAMEE for total consideration of up to $11 million, structured to include an earn-out linked to performance over two years. The transaction values GAMEE at an enterprise valuation of $18 million, incorporating EBITDA contingent earnouts designed to mitigate upfront counterparty risk. Alongside the signing, AlphaTON and Animoca Brands formalized a strategic alliance to identify and develop business opportunities in the field of blockchain and social gaming.
GAMEE was founded in 2015 and became a wholly owned subsidiary of Animoca Brands in 2020. The platform sits at the intersection of Web2 and Web3 gaming, with over 119 million registered users, over 10 billion lifetime gaming sessions, and a particularly strong presence within the Telegram ecosystem, where it serves over 61 million users. Martin Zakovec will remain CEO of GAMEE, Miroslav Chmelka as co-founder and CTO, and founder Bozena Rezab will take on a strategic role as head of Alpha Compute Gaming after closing.
Alpha Compute confirms that the completion of the acquisition of GAMEE, initially scheduled for April 2026, has been extended to May 2026. The revised schedule reflects the time required to finalize the 2025 annual financial audit of GAMEE, a customary closing condition under the terms of the share purchase agreement. The Company does not anticipate any material obstacles to closing and expects all remaining conditions to be satisfied in the ordinary course.
Importantly, shares of Alpha Compute will be valued at $1.00 per share at closing, establishing a clear benchmark price for the equity component of the transaction consideration.
“We are close to closing this transformative agreement and are fully committed to finalizing it in May,” said Brittany Kaiser, CEO of Alpha Compute. “The short extension reflects the completion of GAMEE’s 2025 financial audit – a routine but necessary step – and does not change our belief in this acquisition or the immense value that GAMEE brings to the Alpha Compute ecosystem. We are building the definitive AI and gaming infrastructure platform for the Telegram generation, and GAMEE is at the heart of that vision.”
Alpha Compute’s confidence in acquiring GAMEE is strongly supported by GAMEE’s recent operational and financial performance. On April 9, 2026, the company released GAMEE’s unaudited performance update for Q1 2026, which demonstrates the platform’s accelerated growth within the Telegram ecosystem:
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Revenue: Estimated at $926,000 in Q1 2026, representing 56% year-over-year growth from $593,000 in Q1 2025.
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Full year 2025 revenue: Estimated total of $3.54 million, representing a three-year compound annual growth rate of 112%.
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User Engagement: Over 5.57 million users and 88.5 million plays in Q1 2026 alone.
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Active Users: 1.7 million monthly active users (MAU) and 150,000 daily active users (DAU) across all platforms.
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Telegram Ranking: The Gamee / Azuki collaboration reached the Top 200 mini-apps on Telegram and the #1 arcade game on PlayToEarn.
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Gold Fest Initiative: GAMEE has reached a $2 million milestone deal with nGRND and Flashy, representing one of the largest gamified distributions of real-world assets in the Telegram ecosystem.
“The first quarter results support our thesis that the Telegram ecosystem is the first frontier for gaming growth,” Kaiser said. “The success of the Gold Fest deal and the scaling of our agentic layer demonstrate Alpha Compute’s contributions to GAMEE, placing it at the forefront of how value and AI interact on Telegram. Martin and the GAMEE team continue to set the benchmark for what is possible in this space.”
The company also notes that on April 20, 2026, it completed its corporate name change from AlphaTON Capital Corp. to Alpha Compute Corp., with shares now trading on the Nasdaq Capital Market under the symbol “ALP.” The new name reflects the company’s accelerated strategic pivot toward GPU-as-a-service AI and confidential computing, with GAMEE being the flagship consumer application within this ecosystem.
Alpha Compute runs NVIDIA Blackwell B200 and B300 GPU clusters in Trusted Execution Environments (TEEs), with binding deployment agreements for over 1,000 Blackwell-generation GPUs and AI infrastructure and a $43 million funding partnership with Vertical Data. The company serves as the backbone infrastructure provider for Telegram’s Cocoon AI confidential computing network, which is available to more than 1 billion Telegram users. Upon closing, GAMEE will leverage Alpha Compute’s compute infrastructure to power AI-driven, agent-centric gaming experiences.
“We are extremely excited to complete this acquisition and officially join the Alpha Compute family,” said Martin Zakovec, CEO of GAMEE. “The short schedule adjustment to May is entirely routine – it reflects the finalization of our 2025 audit to the standard required for a Nasdaq-listed transaction – and we plan to close smoothly and on time. What matters most is the shared vision we have built with the Alpha Compute team. With access to their AI computing infrastructure, our gaming platform will be able to deliver experiences that have never been possible before. The numbers of the first quarter speak for themselves: our community is growing, our revenue is accelerating and our position in the Telegram ecosystem has never been stronger. We look forward to closing and entering the next chapter of the GAMEE story as part of Alpha Compute.
About Alpha Compute Corp.
Alpha Compute Corp. (NASDAQ: ALP), formerly AlphaTON Capital Corp. (NASDAQ: ATON), is a technology leader in GPU-as-a-service (GPUaaS) and AI Confidential Compute. Alpha Compute builds and operates businesses at the intersection of privacy computing, artificial intelligence and digital assets. The company’s GPU assets provide privacy-preserving computation to partners and applications, including Telegram, Animoca Brands and Midnight Network. Alpha Compute is incorporated in the British Virgin Islands. Visit: www.alphacompute.ai
About GAMEE
GAMEE was founded in 2015 and has been a wholly owned subsidiary of Animoca Brands since 2020. GAMEE is a high engagement mobile gaming platform focused on bringing a mass gaming audience to Web3. It has over 119 million registered users and has served over 10 billion gaming sessions across multiple ecosystems. GAMEE’s WATCoin airdrop collectively onboarded 4 million user wallets into the TON ecosystem, and the company partnered with over 40 major Web3 communities, including Mocaverse, TON, Notcoin, The Sandbox, and Cool Cats.
Forward-looking statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements involve known and unknown risks and uncertainties which may cause actual results to differ materially from those expressed or implied. Forward-looking statements include, but are not limited to, statements regarding the expected timing of closing of the GAMEE acquisition, the valuation of Alpha Compute’s stock at closing, anticipated synergies, revenue growth and strategic plans. The Company undertakes no obligation to update these forward-looking statements, except as required by law.
All statements contained in this press release, other than statements of historical fact, including, without limitation, statements regarding the Company’s business strategy, management’s plans and objectives for future operations and statements preceded, followed by or otherwise including the words “believe”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “plans”, “potential”, “continue”, or similar expressions or variations of these expressions are forward-looking statements. Forward-looking statements include statements regarding, among other things, the Company’s projections regarding the deployment of its AI infrastructure expansion; the Company’s expectations that its partnerships will create additional revenue streams and vertically integrate into the Company’s Confidential Compute AI infrastructure; the Company’s belief that the assets it constructs will generate significant value over the long term; and other statements that are not historical facts. Accordingly, forward-looking statements are subject to certain risks and uncertainties, including, but not limited to: the timing, progress and results of the Company’s strategic initiatives, the Company’s dependence on third parties, the risk that the Company may not obtain additional financing or TON, the uncertainty of the Company’s investment in TON, uncertainty around the Company’s historical operations, the Company’s operating strategy, the Company’s management team, risks related to the Telegram platform and ecosystem, the potential impact of markets and other general economic conditions and other factors set forth in “Item 3 – Key Information – Risk Factors” of the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2025 and included in the Company’s Form 6-K filed with the Securities and Exchange Commission on September 3, 2025 and January 13, 2026. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed thereon as actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by law.
Investor and media contact
Alpha Compute Corp.
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www.alphacompute.ai
