8-KFiled Jul 22, 8:00 PM ET

ZeroStack Corp. Completes Private Crypto Financing; Acquires 0G Tokens

$ZSTK · ZeroStack Corp.

Research Summary

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Updated

ZeroStack Corp. Completes Private Crypto Financing; Acquires 0G Tokens

What Happened
ZeroStack filed an 8‑K on July 23, 2026 reporting that on July 20, 2026 it closed the private cryptocurrency financing it announced March 31, 2026. Investors contributed an aggregate of 142,232,948 native tokens of the Zero Gravity (0G) blockchain to Texas Blocker Corp., a Texas entity formed by ZeroStack to facilitate the financing. In exchange, investors received 9,104,614 shares of Texas Blocker (Blocker Shares), which were converted one-for-one into ZeroStack common shares when Texas Blocker became a wholly owned subsidiary and ZeroStack acquired the contributed 0G Tokens.

Key Details

  • Closing date: July 20, 2026; filing date: July 23, 2026.
  • Tokens acquired: 142,232,948 native 0G tokens contributed to Texas Blocker.
  • Equity issued: 9,104,614 Blocker Shares issued to investors, exchanged one‑for‑one for ZeroStack common shares.
  • Related party: Zero Gravity Labs Inc. (CEO Michael Heinrich is Executive Chairman of ZeroStack and CEO of Zero Gravity Labs) held 4,608,684 Blocker Shares (50.6% of Blocker Shares pre‑exchange) and received 4,608,864 ZeroStack common shares in the exchange.

Why It Matters
The filing shows ZeroStack has materially increased its direct exposure to 0G tokens and brought a newly formed subsidiary (Texas Blocker) fully into the company. This transaction changed the company’s token holdings and added issued common shares via the one‑for‑one exchange, and includes a related‑party issuance involving Zero Gravity Labs Inc. Investors should note the transaction was completed following shareholder approval (Proposal 6) and review the company’s prior 8‑K (March 31, 2026) for full terms and additional details.