zerostack

According to GlobeNewswire, Nasdaq-listed company ZeroStack Corp. announced that it has reached a final agreement on a $107 million financing deal anchored by 0G tokens. After the transaction is completed, ZeroStack will hold approximately 21% of the total supply of 0G tokens.According to the financing terms, ZeroStack will establish a Texas-based company called Texas Blocker to facilitate this transaction. The investors plan to contribute 142,232,948 native 0G tokens (valued at approximately $107 million). Texas Blocker will become a wholly-owned subsidiary of ZeroStack after the share exchange is completed, which is expected to occur around July 5, 2026, but is subject to customary closing conditions and shareholder approval.

ChainCatcher news, Flora Growth Corp. (NASDAQ: FLGC) is set to change its name to ZeroStack and today announced the purchase of 772,200 0G (the native cryptocurrency of the decentralized AI infrastructure project 0G) at an average price of $2.59 per coin. This marks the company's first 0G acquisition since completing a $401 million financing and initiating its transformation into the world's first publicly listed 0G Treasury.As of October 6, 2025, the company holds a total of 122,538,335 0G, valued at approximately $352 million, with a partially adjusted total of 9,809,754 shares of common stock outstanding, resulting in a 0G per share (ZGPS) of 12.491 coins, corresponding to a dollar value of approximately $35.85. The company stated that the newly acquired tokens will be held long-term and staked to generate native yields.

ChainCatcher news, Flora Growth Corp. (NASDAQ: FLGC) today announced that it has secured $401 million in financing, which includes a strategic investment of $22.88 million from Defi Development Corp. to initiate the 0G treasury strategy. The transaction also includes physical contributions and some physical loans valued at $3.00 per 0G token. The company will be renamed ZeroStack, focusing on the development of 0G, a groundbreaking AI distributed infrastructure project.The 0G project has achieved distributed training of a 107 billion parameter model, which is 357 times more efficient than existing Google technology, demonstrating that large-scale AI models can operate efficiently in a decentralized environment. The transaction is expected to be completed on September 26, 2025, and the company will retain the "FLGC" stock ticker.This financing round was led by Solana financial strategic public company DeFi Dev Corp., with participation from Hexstone Capital, Carlsberg SE Asia PTE Ltd (CSAPL), as well as Dao5, Abstract Ventures, Dispersion Capital, Blockchain Builders Fund, and Salt.