other material
confidence high
sentiment neutral
materiality 0.70
Flora Growth enters $25M equity purchase agreement with White Lion Capital, expandable to $50M
ZeroStack Corp.
- Up to $25M initial commitment, expandable to $50M at company's discretion over 24 months.
- Shares sold at 97% of lowest daily VWAP (regular notice) or lowest traded price (rapid notice).
- Commitment fee of $125,000 (0.5% of initial commitment) paid in common shares on Registration Statement effectiveness.
- Proceeds intended to advance digital asset treasury strategy with focus on $0G token and for general corporate purposes.
- Registration rights agreement requires filing of resale registration statement within 20 business days.