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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.
(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.
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.
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