Gate News, message, April 2, Nasdaq-listed company ZeroStack Corp. announced it has reached a final agreement for a $107 million financing transaction anchored to the 0G token. After the transaction is completed, ZeroStack will hold approximately 21% of the total supply of 0G tokens. Under the financing terms, ZeroStack will form a company in Texas called Texas Blocker to facilitate this transaction; the investors plan to contribute 142,232,948 native 0G tokens (worth approximately $107 million). Texas Blocker will become a wholly owned subsidiary of ZeroStack after the shares are completed in the exchange. The share exchange is expected to be completed around July 5, 2026, but it is subject to customary closing conditions and approval by shareholders.
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