zerostack

The 10-Q document submitted by 0G Treasury Company ZeroStack to the U.S. Securities and Exchange Commission (SEC) shows that as of June 30, the company had a cash balance of $2.6 million, a working capital of negative $600,000, a cumulative loss of $339.1 million, and confirmed a fair value loss of $82.5 million on digital assets, expecting a net loss of $61.3 million in the first half of 2026.The financial report indicates that as of June 30, ZeroStack held 75.1 million 0G (Zero Gravity) tokens, with a total cost of $163.3 million, but a fair value of only $15.2 million, representing a decrease of about 91% from the book cost. The company stated that its current operations mainly rely on 0G staking rewards and token sales, and its future financing ability will also depend on the price performance of 0G and market trading liquidity.Public information shows that ZeroStack is a publicly listed treasury company with 0G as its core reserve asset, and is not the official or development team of the 0G project. The company participates in the ecosystem through large-scale holdings and staking of 0G, and its operational status is highly correlated with the price trend of the 0G token.

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.