secwatch.observer — SEC 8-K summary
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Issuer:     ZeroStack Corp. (ZSTK)
CIK:        0001790169
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001062993-24-008564
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flora Growth to acquire TruHC Pharma GmbH for $6.4M in shares in two closings
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- Acquires all shares of TruHC Pharma GmbH for 2,770,562 common shares valued at $6.4M based on $2.31/share.
- First closing of 2,135,199 shares (19.99% of outstanding) expected by end of April 2024.
- Second closing of 635,363 shares contingent on Nasdaq shareholder approval.
- Seller is TruHC Holding GmbH; target is a German limited company.
- Shares issued in private placement exempt under Section 4(a)(2) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1790169/000106299324008564/0001062993-24-008564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1790169/000106299324008564/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-008564

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