---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-008078"
form_type: "8-K"
ticker: "ZSTK"
cik: "0001790169"
company_name: "ZeroStack Corp."
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:54:00.908437+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Flora Growth to acquire TruHC Pharma GmbH for $6.4M in stock

## Summary
- Purchase price of US$6,400,000 payable in 2,770,562 FLGC common shares.
- First closing: issue shares = 19.99% of outstanding FLGC at $2.31/share (prior close).
- Second closing requires FLGC shareholder approval; remaining shares issued after.
- Definitive agreement targeted by April 15, 2024; subject to regulatory approvals.
- Seller is TruHC Holding GmbH; TruHC Pharma is a German pharma company.

## SEC filing metadata
- accession: 0001062993-24-008078
- form_type: 8-K
- ticker: ZSTK
- cik: 0001790169
- company_name: ZeroStack Corp.
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1790169/000106299324008078/0001062993-24-008078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1790169/000106299324008078/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-008078
- JSON: https://secwatch.observer/filing/0001062993-24-008078.json
- Plain text: https://secwatch.observer/filing/0001062993-24-008078.txt

## Key facts
- Material Agreements
  ZeroStack Corp. entered into Agreement with TruHC Holding GmbH valued at US$6,400,000 (effective 2024-04-01).
  - Action: entry
  - Agreement: merger
  - Counterparty: TruHC Holding GmbH
  - Value: US$6,400,000
  - Effective: 2024-04-01
  source text: On April 1, 2024, Flora Growth Corp. (the "Flora") entered into a binding letter of intent (the "Agreement") with TruHC Holding GmbH (the "Seller") to acquire all of the issued and outstanding shares of TruHC Pharma GmbH (the "Transaction").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299324008078/0001062993-24-008078-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.