2 months ago
Zerostack's (NASDAQ: $ZSTK) cryptocurrency holdings have reached $1.06 billion U.S.
Zerostack is a pharmaceutical distribution business that has pivoted to become an **** et manager and cryptocurrency acquirer.
The company's crypto holdings consist of 925.9 million MemeCore (CRYPTO: $M) tokens valued at $1.03 billion U.S., and 223.8 million 0G (CRYPTO: $0G) tokens valued at $36 million U.S.
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Zerostack is a pharmaceutical distribution business that has pivoted to become an **** et manager and cryptocurrency acquirer.
The company's crypto holdings consist of 925.9 million MemeCore (CRYPTO: $M) tokens valued at $1.03 billion U.S., and 223.8 million 0G (CRYPTO: $0G) tokens valued at $36 million U.S.
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Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#million #billion #tokens #NASDAQ
3 months ago
ZeroStack Corp. (NASDAQ: $ZSTK) has struck a $1 billion crypto contribution deal that would add nearly 926 million MemeCore (CRYPTO: $M) tokens to its balance sheet while giving MemeCore-linked investors a large equity position in the Nasdaq-listed company.
Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. will contribute 925,925,926 $M tokens, valued at $1.08 each, in exchange for 3.5 million ZeroStack common shares and pre-funded warrants covering up to 36,198,293 additional shares.
The warrants are priced at $25.19 per share, more than 12 times ZeroStack's recent market trading price. Shares tied to the warrants cannot be issued until shareholders approve the transaction under Nasdaq Listing Rule 5635 and will be subject to a lock-up lasting up to 10 years after closing.
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Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. will contribute 925,925,926 $M tokens, valued at $1.08 each, in exchange for 3.5 million ZeroStack common shares and pre-funded warrants covering up to 36,198,293 additional shares.
The warrants are priced at $25.19 per share, more than 12 times ZeroStack's recent market trading price. Shares tied to the warrants cannot be issued until shareholders approve the transaction under Nasdaq Listing Rule 5635 and will be subject to a lock-up lasting up to 10 years after closing.
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3 months ago
ZeroStack Corp. (NASDAQ: $ZSTK) has struck a $1 billion crypto contribution deal that would add nearly 926 million MemeCore (CRYPTO: $M) tokens to its balance sheet while giving MemeCore-linked investors a large equity position in the Nasdaq-listed company.
Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. will contribute 925,925,926 $M tokens, valued at $1.08 each, in exchange for 3.5 million ZeroStack common shares and pre-funded warrants covering up to 36,198,293 additional shares.
The warrants are priced at $25.19 per share, more than 12 times ZeroStack's recent market trading price. Shares tied to the warrants cannot be issued until shareholders approve the transaction under Nasdaq Listing Rule 5635 and will be subject to a lock-up lasting up to 10 years after closing.
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MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times
#NASDAQ #memecore #times
Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. will contribute 925,925,926 $M tokens, valued at $1.08 each, in exchange for 3.5 million ZeroStack common shares and pre-funded warrants covering up to 36,198,293 additional shares.
The warrants are priced at $25.19 per share, more than 12 times ZeroStack's recent market trading price. Shares tied to the warrants cannot be issued until shareholders approve the transaction under Nasdaq Listing Rule 5635 and will be subject to a lock-up lasting up to 10 years after closing.
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4 months ago
The MemeCore (CRYPTO: M) cryptocurrency plunged this week, according to data from S&P Global Market Intelligence. From last Friday's market close to 11 a.m. ET on June 26, the meme coin platform lost 70.8% of its total market value. After the plunge, MemeCore's market cap stands at $1.1 billion.
The price fell from $3 to $0.50 per token between 8:30 p.m. ET and 9:00 p.m. ET on Wednesday evening, highlighting the risks of thinly traded ***** ets with limited liquidity.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Crypto ***** ysts called MemeCore a risky cryptocurrency before this sudden crash.
Most of the supply is held by a handful of insiders. The token was added to major crypto exchanges such as Kraken despite a history of suspicious insider trading. And, of course, it's hard to trust a cryptocurrency specifically designed to mint valueless meme coins. The market cap sat near $3 billion at the start of this week, but trading volume was low.
The price fell from $3 to $0.50 per token between 8:30 p.m. ET and 9:00 p.m. ET on Wednesday evening, highlighting the risks of thinly traded ***** ets with limited liquidity.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Crypto ***** ysts called MemeCore a risky cryptocurrency before this sudden crash.
Most of the supply is held by a handful of insiders. The token was added to major crypto exchanges such as Kraken despite a history of suspicious insider trading. And, of course, it's hard to trust a cryptocurrency specifically designed to mint valueless meme coins. The market cap sat near $3 billion at the start of this week, but trading volume was low.
