secwatch.observer — SEC 8-K summary
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Issuer:     ZeroStack Corp. (ZSTK)
CIK:        0001790169
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001062993-25-017540
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flora Growth settles convertible note with DeFi Development for $1.75M cash, 96k Solana, and 111k shares
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- Settlement requires Jan 6, 2026 payment of 96,162 Solana, $1.75M cash, 111,550 shares at $6.90/share.
- Upon full payment, the Note is fully satisfied and all parties release all claims related to the Note and SPA.
- Company to file resale registration statement for Settlement Shares within 30 days, use best efforts to make effective.
- Settlement Shares issued as unregistered securities relying on Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1790169/000106299325017540/0001062993-25-017540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1790169/000106299325017540/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-017540

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