ZeroStack secures a $107 million OG token financing agreement, locking in nearly 21% of the OG supply

2026-04-02 12:43:21

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Coin World News,

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

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