ZeroStack Corp., a Nasdaq-listed company, has finalized a $107 million financing deal involving 0G tokens. The agreement will see ZeroStack acquire approximately 21% of the total 0G token supply. As part of the transaction, ZeroStack will establish a new entity, Texas Blocker, to manage the deal. The investor will contribute 142,232,948 native 0G tokens, valued at $107 million, to facilitate the share exchange. Upon completion, Texas Blocker will become a wholly owned subsidiary of ZeroStack. The transaction is expected to close by July 5, 2026, pending customary closing conditions and shareholder approval.0G+0.79%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
You may also like
Bitdeer Sells 201.6 BTC, Maintains Zero Bitcoin Holdings
Solmate Infrastructure to Raise $11.4 Million in Private Placement
Solmate Infrastructure to Raise $11.4 Million via Share Offering
Tether Acquires SoftBank's Stake in Bitcoin Firm Twenty One Capital
Primus Labs Joins 0G AI Alliance to Enhance AI Verification Layer
This detailed match analysis covers key moments, player performances, and tactical insights.
?? COMMENTS