Flora Growth Corp., soon to be renamed ZeroStack, has announced the pricing of a private investment in public equity offering. The move positions the company to adopt a new treasury strategy built around 0G, the largest AI-first blockchain designed to be infinitely scalable and support the future of distributed artificial intelligence. Despite the rebrand, the company will continue trading under the FLGC ticker symbol.
The financing round is led by DeFi Dev Corp., known as a decentralized autonomous trust designed to accumulate and compound Solana (SOL). Other major participants include Hexstone Capital, Carlsberg SE Asia PTE Ltd, Dao5, Abstract Ventures, Dispersion Capital, Blockchain Builders Fund, and Salt.
"We're thrilled to partner with FLGC on this fundraise and look forward to driving a deep collaboration between 0g and Solana. DFDV is excited to support AI adoption across Solana," said Joseph Onorati, CEO of Defi Development Corp. In addition, the Company will be holding a small portion of its treasury holdings in SOL tokens as part of the collaboration.
"AI isn't just transforming what companies do, it's transforming how they must build infrastructure. This treasury strategy offers institutional investors equity-based exposure to the foundational infrastructure enabling transparent, verifiable, large-scale, cost-efficient, and privacy-first AI development," said Daniel Reis-Faria, incoming Flora Growth CEO.
The transaction is expected to close around September 26, 2025, subject to standard closing conditions. Once completed, the company plans to use the proceeds to expand its holdings of $0G, the native token of the 0G ecosystem.
For more information:
Flora Growth
www.floragrowth.com
