Flora Growth Corp. Announces Name Change to ZeroStack Corp., Furthering Its Strategy as an AI-Focused Asset Management Company
Rhea-AI Summary
Flora Growth Corp. (NASDAQ: FLGC) will change its corporate name to ZeroStack Corp., with the change expected to be effective on or around January 29, 2026 and the Nasdaq ticker to become ZSTK. The company says the new name and ticker reflect a shift to an AI-focused, asset management strategy emphasizing decentralized AI exposure.
ZeroStack holds approximately 123 million $0G tokens and plans a concentrated digital-asset approach targeting yield and fee-based income from staking validators, compute-power companies, and related businesses in the $0G ecosystem and broader AI landscape. No change in share capital will occur; new CUSIP is 98956L101 and new ISIN is CA98956L1013. Shareholders need take no action and existing share certificates remain valid.
Positive
- Holds approximately 123 million $0G tokens
- Ticker changes to ZSTK effective on or around January 29, 2026
- Strategic shift to a yield- and fee-based asset-management model focused on decentralized AI
Negative
- Concentrated exposure to a single digital asset: approximately 123 million $0G
- Business model depends on generating yield and fees from staking and related services, increasing execution risk
News Market Reaction
On the day this news was published, FLGC gained 73.58%, reflecting a significant positive market reaction. Argus tracked a peak move of +116.4% during that session. Our momentum scanner triggered 53 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $10M at that time. Trading volume was exceptionally heavy at 69.6x the daily average, suggesting very strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Pre-announcement, sector peers were mixed, with moves both up and down. Only one scanned peer, SBFM, showed momentum, up 6.449999660253525% without news, suggesting the AI-focused name change is company-specific rather than a broad sector move.
Previous AI Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 21 | Second 0G purchase | Positive | -7.3% | Announced second purchase of 880,025 $0G expanding decentralized AI treasury. |
| Oct 08 | First 0G purchase | Positive | +6.4% | Disclosed first 0G acquisition and plan to build publicly listed 0G treasury. |
AI-tagged 0G treasury updates have produced mixed reactions, with one positive and one negative move, indicating volatile responses to this strategic theme.
Over the past months, the company has executed a strategic shift toward a 0G-focused digital-asset treasury. On Sep 19, 2025, it announced a $401 million funding tied to a 0G coin treasury strategy. Subsequent AI-tagged updates on Oct 8 and Oct 21, 2025 detailed first and second 0G purchases, with price reactions of +6.42% and -7.33%. The December 2025 special meeting approved the ZeroStack name change, directly leading to today’s branding and AI-asset focus announcement.
Historical Comparison
Prior AI-tagged 0G purchase updates saw an average move of 6.88% with mixed direction. Today’s AI-focused name and strategy change extends that same decentralized AI treasury narrative rather than introducing a new theme.
AI-related disclosures progressed from funding and initial 0G token purchases to treasury build-out and, now, a full corporate rebrand aligning the company’s identity with its decentralized AI asset-management strategy.
Regulatory & Risk Context
An effective Form S-3 dated Jan 8, 2026 registers 966,497 common shares for potential resale by existing securityholders. Proceeds from any sales would go to those holders, not the company, but the registration could add secondary share supply over time.
Market Pulse Summary
The stock surged +73.6% in the session following this news. A strong positive reaction aligns with management’s multi-step pivot toward decentralized AI, including large 0G token holdings and prior AI-tagged treasury updates, which averaged moves of 6.88%. Investors may be responding to clearer branding around the ZeroStack strategy. However, the effective Form S-3 for 966,497 resale shares and the company’s history of volatile responses to AI-related news could temper the durability of any sharp advance.
Key Terms
decentralized ai technical
staking validators technical
cusip number regulatory
isin number regulatory
AI-generated analysis. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - January 27, 2026) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced that it will change its corporate name to "ZeroStack Corp." The name change is expected to become effective on or around January 29, 2026, on the Nasdaq Capital Market (the "Nasdaq"). Concurrent with the corporate name change, the Company's common shares (the "Common Shares") will trade on the Nasdaq under the symbol "ZSTK".
The name and ticker change reflect the Company's evolution toward an AI-focused, asset management strategy with its first investment in
ZeroStack is focused on providing exposure to decentralized AI through a concentrated digital asset approach structured to generate yield and fee-based income from staking validators, compute power technology companies, and complementary businesses within the
"The transition to ZeroStack Corp. represents a natural progression of the Company," said Daniel Reis-Faria, CEO. "Our name and ticker now align our public identity with our focus on decentralized AI and a disciplined, yield-based asset-management strategy."
No further action is required by shareholders with respect to the name change. There will be no change in the share capital of the Company. The new CUSIP number for the Common Shares will be 98956L101 and the new ISIN number will be CA98956L1013. Certificates representing the Common Shares will not be affected by the name and will not need to be exchanged. No consolidation of capital will occur in connection with the name change.
About Flora Growth Corp.
Flora Growth Corp., which is set to be rebranded as ZeroStack, is the first, Nasdaq-listed, asset management company focused on providing exposure to decentralized AI. The Company also operates a global pharmaceutical distribution business through its wholly owned subsidiary, Phatebo GmbH. For more information, visit https://zerostack.ai/.
Cautionary Statement Concerning Forward-Looking Statements
This press release may contain "forward-looking statements," as defined by U.S. federal securities laws. Forward-looking statements reflect the Company's current expectations and projections about future events at the time, and thus involve uncertainty and risk. The words "believe," "expect," "anticipate," "will," "could," "would," "should," "may," "plan," "estimate," "intend," "predict," "potential," "continue," and the negatives of these words and other similar words or expressions generally identify forward-looking statements. Such forward-looking statements are subject to various and risks and uncertainties, including those described under section entitled "Risk Factors" in the Company's Annual Report on Form 10-K filed with the United States Securities and Exchange Commission (the "SEC") on March 24, 2025 and in the Company's Quarterly Report on Form 10-Q filed with the SEC on November 5, 2025, as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov/edgar. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company's filings with the SEC. While forward-looking statements reflect the Company's good faith beliefs, they are not guarantees of future performance. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. You should not place undue reliance on any forward-looking statements, which are based on information currently available to the Company (or to third parties making the forward-looking statements).
Investor Contact: ir@zerostack.ai
Media Contact: zerostack@dittopr.co
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281597