secwatch.observer — SEC 8-K summary
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Issuer:     ZeroStack Corp. (ZSTK)
CIK:        0001790169
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001062993-26-001764
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1790169/000106299326001764/0001062993-26-001764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1790169/000106299326001764/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-001764

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer