ZeroStack Reaches $107 Million 0G Token Financing Agreement, Locking Nearly 21% of 0G Supply
Svmuu News: Nasdaq-listed company ZeroStack Corp. announced that it has entered into a definitive agreement for a $107 million financing transaction anchored by 0G tokens. Upon completion of the transaction, ZeroStack will hold approximately 21% of the total supply of 0G tokens. According to the financing terms, to facilitate this deal, ZeroStack will establish a Texas-based company named Texas Blocker. The investors intend to contribute 142,232,948 native 0G tokens (valued at approximately $107 million). Texas Blocker will become a wholly-owned subsidiary of ZeroStack after the share exchange is completed. The share exchange is expected to be finalized around July 5, 2026, subject to customary closing conditions and shareholder approval. (Globenewswire)
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