secwatch.observer — SEC 8-K summary
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Issuer:     ZeroStack Corp. (ZSTK)
CIK:        0001790169
Form:       8-K
Filed at:   2025-06-30T23:59:59+00:00
Accession:  0001062993-25-012292
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flora Growth shareholders reject SAR grants to top executives; approve reverse split, plan amendment and SAR repricing
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- Proposal 4 (grant of Stock Appreciation Rights to CEO, CFO, Executive Chairman) rejected with 7.5M against vs 1.3M for.
- Amendment to 2022 Incentive Plan approved, increasing share reserve from 2.5M to 4.5M shares.
- Share consolidation (reverse split) authorized at ratio 10:1 to 100:1, at Board's discretion within one year.
- Repricing of outstanding SARs to $0.58 base price approved; vesting tied to share price increases of 25% per tranche.
- All five directors elected; auditor reappointment and all other proposals passed except Proposal 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1790169/000106299325012292/0001062993-25-012292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1790169/000106299325012292/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-012292

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