{"schema_version":"secwatch.filing_event.v1","accession":"0001062993-26-005837","form_type":"8-K","ticker":"ZSTK","cik":"0001790169","company_name":"ZeroStack Corp.","filed_at":"2026-11-09T21:11:03+00:00","discovered_at":"2026-11-09T21:12:00.222139+00:00","generated_at":"2026-11-09T21:12:18.423754+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"ZeroStack to sell Phatebo GmbH to New Horizon Pharma for €2.15M; closing needs German FDI clearance","bullets":["ZeroStack Corp. (formerly Flora Growth Corp.) agreed to sell 100% of German pharma wholesaler Phatebo GmbH to New Horizon Pharma B.V. for €2,150,000 in a locked-box deal struck at Dec 31, 2025.","Of the price, €152,709.44 repays a Phatebo loan; the seller-account balance converts to $2,240,161.09 at the ECB's Nov 2, 2026 rate of 1.1216 USD/EUR.","Phatebo holds a §52a AMG wholesale license, supplies comparators and ancillary drugs for clinical trials, and lists Thermo Fisher Scientific among its key customer contracts.","Closing requires German foreign-investment (AWV/BMWE) clearance; long-stop date is June 30, 2027, extendable to Dec 31, 2027 if BMWE opens a review proceeding.","HRV Global Life Sciences Private Limited, indirect sole shareholder of buyer New Horizon Pharma, issued a non-binding term sheet on Sept 24, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001062993-26-005837","json":"https://secwatch.observer/filing/0001062993-26-005837.json","markdown":"https://secwatch.observer/filing/0001062993-26-005837.md","text":"https://secwatch.observer/filing/0001062993-26-005837.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1790169/000106299326005837/0001062993-26-005837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1790169/000106299326005837/form8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-09T21:12:18.423754+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}