Axe Compute Inc. filed a Form 8-K on November 13, 2026, disclosing the appointment of Guang Yang to its Board of Directors and as chair of the Audit Committee, effective November 9, 2026.

Key Highlights

  • New director appointed: Guang Yang, age 62, was appointed to fill an existing Board vacancy as a Class II director, effective November 9, 2026.
  • Board composition: Following the appointment, the Board consists of five directors, a majority of whom are independent, with two vacancies remaining.
  • Audit Committee role: Mr. Yang was appointed as a member and chair of the Audit Committee and was determined to qualify as an "audit committee financial expert" as defined in Item 407(d)(5) of Regulation S-K.
  • Independence confirmed: The Board determined Mr. Yang is independent under Nasdaq listing rules and meets the heightened independence requirements of Rule 10A-3 under the Exchange Act.
  • Director compensation: Mr. Yang will participate in the Company's Amended and Restated Director Compensation Program, with quarterly awards of $8,333, an annual award of $10,000, and an additional $11,112 per committee served, with compensation for his initial period prorated.
  • Prior experience: Mr. Yang most recently served as Executive Chairman and CEO of BrightSphere Investment Group Inc. (NYSE: BSIG) from 2018 to 2020, and has held the Chartered Financial Analyst designation since 1998.

Guang Yang Joins Axe Compute Board as Independent Director and Audit Committee Chair

According to the filing, Axe Compute Inc. (NASDAQ:AGPU), headquartered at 801 Brickell Avenue, Suite 510, Miami, Florida, reported that its Board of Directors appointed Guang Yang to fill an existing vacancy on November 9, 2026. Mr. Yang was designated a Class II director, to serve until the Company's 2026 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation, or removal. The filing states that no arrangements or understandings exist between Mr. Yang and any other person in connection with his appointment, and that there are no family relationships between Mr. Yang and any director or executive officer of the Company.

The filing discloses that Mr. Yang will participate in the Company's Amended and Restated Director Compensation Program. Under that program, non-employee directors receive a quarterly award of $8,333 for Board service, consisting of $6,000 in common stock and $2,333 in cash; an annual award of $10,000, consisting of $7,000 in common stock and $3,000 in cash, payable on or about June 17 of each year; and an additional annual award of $11,112 for each committee served, consisting of $8,000 in common stock and $3,112 in cash, payable on December 31. The cash portion of each award may be paid in additional shares at the director's election, with shares valued at the closing price on the last day of the applicable period. The filing notes Mr. Yang's initial compensation will be prorated.

According to the filing, Mr. Yang, age 62, has served as Managing Partner of FTL Investments LLC since July 2020. He previously served as Executive Chairman and CEO of BrightSphere Investment Group Inc. from 2018 to 2020, as Partner and President of HNA North America and HNA Capital International from 2016 to 2018, and as founder and leader of Finergy Capital from 2010 to 2016. From 1995 to 2010, he served as Executive Vice President and Senior Portfolio Manager of Global Equities at Franklin Templeton Investments and as Chairman of Franklin Templeton China. He holds a Ph.D. from the Australian National University, an M.B.A. from Harvard Business School, and a B.S. from the University of Science and Technology of China.

What Was Disclosed

Axe Compute Inc. disclosed the appointment of Guang Yang as a Class II independent director and Audit Committee chair, effective November 9, 2026, along with the terms of his participation in the Company's director compensation program and his professional background.