{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-23-018104","form_type":"8-K","ticker":"ZSTK","cik":"0001790169","company_name":"ZeroStack Corp.","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.257699+00:00","generated_at":"2026-06-10T15:03:31.513116+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Flora Growth acquires Australian Vaporizers for ~$1.7M in stock; sees immediate profit","bullets":["Acquires Australian Vaporizers Pty Ltd, an online vape retailer, for 600,676 Flora shares valued at $1.7M (based on Sept 15 close); closing expected Q4 2023.","Australian Vaporizers generated $2.5M revenue and $0.25M net income in six months ended May 31, 2023.","Deal expected to be immediately accretive, with annual projected contributions of $5.2M revenue, $1.2M gross margin, and $0.5M net income.","At closing, target expected to have at least $0.3M cash, $0.8M inventories, and $1.1M working capital.","Synergies noted with Flora's Vessel brand; acquisition positions Flora in Australia's growing vaporizer market."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-23-018104","json":"https://secwatch.observer/filing/0001062993-23-018104.json","markdown":"https://secwatch.observer/filing/0001062993-23-018104.md","text":"https://secwatch.observer/filing/0001062993-23-018104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1790169/000106299323018104/0001062993-23-018104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1790169/000106299323018104/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:03:31.513116+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf4f1f9b55ae1aacbd64c5e4062142ecd86e7ecb","claim":"ZeroStack Corp. entered into Sale and Purchase Agreement with Lifeist Wellness Inc. valued at $1.7 million (effective 2023-09-17).","evidence_excerpt":"On September 17, 2023, Flora Growth Corp., a corporation under the laws of the Province of Ontario (\" Flora \" or the \" Company \") and Lifeist Wellness Inc. (\"Lifeist\") entered into a Sale and Purchase Agreement (the \" Purchase Agreement \") pursuant to which Flora will acquire all the issued and outstanding common shares (the \" AV Common Shares \") of Australian Vaporizers Pty Ltd.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1790169/000106299323018104/0001062993-23-018104-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Lifeist Wellness Inc."},{"label":"Value","value":"$1.7 million"},{"label":"Effective","value":"2023-09-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}