Flora Growth (FLGC) completes its first 0G acquisition, accelerating its transformation into the world's first decentralized AI treasury public company
Oct 08, 2025 22:13:53
ChainCatcher news, Flora Growth Corp. (NASDAQ: FLGC) is set to change its name to ZeroStack and today announced the purchase of 772,200 0G (the native cryptocurrency of the decentralized AI infrastructure project 0G) at an average price of $2.59 per coin. This marks the company's first 0G acquisition since completing a $401 million financing and initiating its transformation into the world's first publicly listed 0G Treasury.
As of October 6, 2025, the company holds a total of 122,538,335 0G, valued at approximately $352 million, with a partially adjusted total of 9,809,754 shares of common stock outstanding, resulting in a 0G per share (ZGPS) of 12.491 coins, corresponding to a dollar value of approximately $35.85. The company stated that the newly acquired tokens will be held long-term and staked to generate native yields.
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