---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-001764"
form_type: "8-K"
ticker: "ZSTK"
cik: "0001790169"
company_name: "ZeroStack Corp."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:12:47.540347+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ZeroStack to issue shares for 142M Zero Gravity tokens, settles convertible note

## Summary
- Texas Blocker issued 9.1M shares in exchange for 142M 0G tokens valued at ~$107M (Token FMV $0.7549).
- ZeroStack will exchange those Blocker shares for its own shares/warrants, making Texas Blocker a subsidiary.
- ZeroStack settled a convertible note with Zero Gravity Labs by paying 50M tokens (~$37.75M) and received full release.
- Transaction subject to shareholder approval; closing expected March 31, 2026; ZeroStack to become US domestic corp.

## SEC filing metadata
- accession: 0001062993-26-001764
- form_type: 8-K
- ticker: ZSTK
- cik: 0001790169
- company_name: ZeroStack Corp.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1790169/000106299326001764/0001062993-26-001764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1790169/000106299326001764/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-001764
- JSON: https://secwatch.observer/filing/0001062993-26-001764.json
- Plain text: https://secwatch.observer/filing/0001062993-26-001764.txt

## Key facts
- Material Agreements
  ZeroStack Corp. entered into Securities Contribution Agreements and Stockholders' Agreement with Texas Blocker Corp. and certain investors valued at 142,232,948 native tokens in exchange for 9,104,614 Blocker Shares (effective 2026-03-31).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Texas Blocker Corp. and certain investors
  - Value: 142,232,948 native tokens in exchange for 9,104,614 Blocker Shares
  - Effective: 2026-03-31
  source text: On March 31, 2026, Texas Blocker Corp., a Texas corporation (“ Texas Blocker ”) that was formed by Daniel Reis-Faria and Dany Vaiman, the Chief Executive Officer and Chief Financial Officer, respectively, of ZeroStack Corp., an Ontario corporation (the “ Company ” or “ ZeroStack ”), for the purpose of facilitating the Exchange (as defined below), entered into securities contribution agreements (the “ Securities Contribution Agreements ”) with certain investors (the “ Investors ”) pursuant to which the Investors contributed an aggregate of 142,232,948 native tokens of the Zero Gravity (0G) blockchain (the “ Tokens ” and each a “ Token ”) in exchange for an aggregate of 9,104,614 shares of common stock, $0.001 par value, of Texas Blocker (the “ Blocker Shares ”) issued on a private placement basis (the “ Contribution ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1790169/000106299326001764/0001062993-26-001764-index.htm

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