Antelope Enterprise Holdings (NASDAQ:AEHL) shares surged 37.93% to $0.77 in after-hours trading on Wednesday following a Securities and Exchange Commission filing registering additional shares under the company's 2026 Incentive Award Plan II.

The company operates natural gas power generation assets while expanding into AI data center infrastructure.

Employee Incentive Plan Registration According to the Wednesday SEC filing, Antelope Enterprise filed a Form S-8 to register 5.1 million additional Class A ordinary shares that may be issued under its 2026 Incentive Award Plan II, which was adopted by the company's board of directors.

The registration allows the company to issue shares pursuant to equity awards granted under the compensation plan.

Form S-8 filings are typically used to register shares for employee compensation plans and may increase the number of shares available for future issuance.