ZeroStack acquires $1B in MemeCore tokens; issues shares/warrants at $25.19, 12x premium

ZeroStack Corp.

Issued 3.5M shares and pre-funded warrants for 36.2M shares at $25.19/share to Puple AI and Blockcat for 925.9M MemeCore tokens valued at $1.08 each (~$1B).
Share price represents >12x premium to recent market price; warrants subject to 10-year lock-up and shareholder approval for shares beyond 19.99% cap.
Rudy Rong appointed President; employment agreement includes $500k base salary, 125k restricted stock grant (subject to shareholder approval), and 24-month severance (30 months on change in control).
Digital assets held in multi-sig wallet; accounted as long-term digital assets; transaction closed Aug 19, 2026.

item 1.01 item 2.01 item 5.02 item 3.02 item 9.01

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Selected #3 for 2026-08-19. Read digest

Executive movements

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Appointed

Rudy Rong

President

ZSTK · ZeroStack Corp.

Effective: 2026-08-19
Filed: August 19, 2026, 9:26 AM ET

on August 19, 2026, the Board of Directors of the Company appointed Rudy Rong as President of the Company, effective as of the closing of the transaction described above.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Rudy Rong was appointed as President at ZeroStack Corp..

Action: appointed
Role: President

Exact text from the filing

on August 19, 2026, the Board of Directors of the Company appointed Rudy Rong as President of the Company, effective as of the closing of the transaction described above.

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ZeroStack Corp. filing history →

Source: SEC EDGAR

accession 0001062993-26-004501

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