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Recent Updates — ZSTK

August 19, 2026View Source ↗

ZeroStack Corp. completed a strategic transaction acquiring approximately $1 billion in MemeCore ($M) tokens from Puple AI Inc. and Blockcat Pte. Ltd. in exchange for 3,500,000 common shares and pre-funded warrants to purchase up to 36,198,293 additional shares. The transaction values the equity at $25.19 per share, representing a premium of more than twelve times ZeroStack's recent market price. Shares exceeding a 19.99% ownership cap will be issued as warrants, subject to shareholder approval and a potential ten-year lock-up. Concurrently, Rudy Rong was appointed President with an annual base salary of $500,000 and a restricted stock grant entitlement. ZeroStack Corp. operates in the decentralized artificial intelligence asset management sector and pharmaceutical distribution.