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Zerostack takes in $1.0 billion of Memecore tokens at a 12x share-price premium

US$1.0 billion is the stated contribution value, sourced from 925,925,926 Memecore ($M) tokens at their prevailing market price of $1.08 each. Zerostack Corp. (ZSTK), a Dallas-based, Nasdaq-listed company described as the first asset…

By Reuben Salcedo·Aug 19, 2026·2 min read·regulatory·ZSTK

Key takeaways

  • Zerostack Corp. (ZSTK) announced an August 19 definitive agreement to receive 925,925,926 Memecore ($M) tokens valued at US$1.0 billion, based on a market price of $1.08 per token.
  • In exchange, Puple AI Inc. and Blockcat Pte. Ltd. will receive 3,500,000 common shares plus pre-funded warrants for up to 36,198,293 additional shares, priced at US$25.19 each.
  • The US$25.19 per-share price represents a premium of more than twelve times Zerostack's recent market trading level.
  • Rudy Rong, a Memecore principal, is being appointed President of Zerostack in connection with the transaction.
  • Warrant exercise is contingent on shareholder approval under Nasdaq Listing Rule 5635, with a warrant lock-up of up to 10 years.

US$1.0 billion is the stated contribution value, sourced from 925,925,926 Memecore ($M) tokens at their prevailing market price of $1.08 each. Zerostack Corp. (ZSTK), a Dallas-based, Nasdaq-listed company described as the first asset manager focused on decentralized artificial intelligence, announced August 19 a definitive agreement under which Puple AI Inc. and Blockcat Pte. Ltd. will transfer that token pool in exchange for 3,500,000 common shares and pre-funded warrants covering up to 36,198,293 additional shares, all priced at US$25.19 per share. The agreed per-share price exceeds Zerostack's recent market trading level by more than twelve times.

Deal structure and the math

Total potential issuance comes to 39,698,293 shares (3,500,000 at closing plus the 36,198,293-share warrant pool). At US$25.19 per share across that combined count, the math reconciles with the $1.0 billion headline. On the token side: 925,925,926 $M tokens at $1.08 each sum to approximately $1.0 billion, consistent with the stated figure.

Metric Value
$M tokens contributed 925,925,926
Token price (market, reported) US$1.08
Gross contribution US$1.0 billion
Common shares at closing 3,500,000
Pre-funded warrants 36,198,293
Total shares (fully diluted) 39,698,293
Price per share US$25.19
Premium to recent trading More than 12x
Warrant lock-up Up to 10 years

Warrant exercise is contingent on shareholder approval under Nasdaq Listing Rule 5635.

Strategic rationale and leadership change

Rudy Rong, a Memecore principal, is being appointed President of Zerostack in connection with the transaction. Management characterized the deal as reflecting the contributors' conviction that Zerostack equity provides unique exposure to the company's digital-asset activities, pointing specifically to the fact that Puple AI and Blockcat accepted shares at a substantial premium while contributing tokens at prevailing market prices.

Chief executive Daniel Reis-Faria framed the transaction as a milestone for the broader digital-asset industry and said management expects the combination of Zerostack's existing 0G holdings with a Memecore position to build a platform capable of generating long-term shareholder value. Those outcomes are forward-looking and subject to the risk factors described in the company's SEC filings, including its Form 10-Q filed July 31, 2026.

Zerostack also operates Phatebo GmbH, a global pharmaceutical distribution subsidiary. Memecore ranks as a top-50 cryptocurrency and runs a Layer 1 blockchain built for meme-driven communities at low fees and high scalability; the tokens were valued at $1.08 each at the time the agreement was struck.

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Source: sec.gov
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Frequently asked

How many total shares could Zerostack issue in this deal?

The deal involves total potential issuance of 39,698,293 shares, consisting of 3,500,000 common shares at closing plus 36,198,293 shares from pre-funded warrants.

Who is contributing the Memecore tokens?

Puple AI Inc. and Blockcat Pte. Ltd. are transferring the 925,925,926 $M tokens to Zerostack.

What is Zerostack Corp.?

Zerostack is a Dallas-based, Nasdaq-listed company described as the first asset manager focused on decentralized artificial intelligence, and it also operates Phatebo GmbH, a global pharmaceutical distribution subsidiary.

What is Memecore?

Memecore ranks as a top-50 cryptocurrency and runs a Layer 1 blockchain built for meme-driven communities at low fees and high scalability.

Who leads Zerostack and how did they describe the deal?

Chief executive Daniel Reis-Faria framed the transaction as a milestone for the broader digital-asset industry and said management expects combining Zerostack's existing 0G holdings with a Memecore position to build a platform generating long-term shareholder value.