ZeroStack Announces Completion of Continuance to Texas

ZeroStack (NASDAQ: ZSTK) completed its previously announced change of jurisdiction of incorporation on August 18, 2026, moving from the Province of Ontario, Canada to the State of Texas, United States.

Rhea-AI Summary

ZeroStack (NASDAQ: ZSTK) completed its previously announced change of jurisdiction of incorporation on August 18, 2026, moving from the Province of Ontario, Canada to the State of Texas, United States. Following this Continuance, the company is now governed by the Texas Business Organizations Code, while its Nasdaq stock symbol remains “ZSTK”. The Continuance was approved by a special shareholder resolution at the 2026 Annual and Special Meeting and then by the board of directors. According to ZeroStack, full details are available in its June 17, 2026 proxy statement/prospectus on EDGAR and SEDAR+.

Argus Aug 19 session 109 alerts

+169.55% close to close 1285.7x rel. volume Open Argus

Details

Market move: ZSTK +169.55% in the Aug 19 session. Texas jurisdiction continuance

+468.8% Peak Tracked

-30.3% Trough Tracked

$216.87M Market Cap

On Aug 19, the first trading day after this news, ZSTK closed 169.55% above the previous close. Argus tracked a peak move of +468.8% during that session. Argus tracked a trough of -30.3% from its starting point during tracking. Our momentum scanner recorded 109 alerts for this stock that day. Relative volume reached 1285.7x the daily average during tracking.

Data tracked by StockTitan Argus for the Aug 19 session.

Key Figures

Continuance effective date: August 18, 2026

Continuance effective date

August 18, 2026

Completion of jurisdiction change from Ontario to Texas

Historical Context

5 past events · Latest: Jul 20

5 events

1. Jul 20

   Shareholder and financing update

   24h Move

   +0.0%

   Shareholder approvals, Texas jurisdiction authority, purchase-order update, and cryptocurrency financing closing

2. Jul 09

   Purchase order announcement

   24h Move

   -12.9%

   Purchase orders up to US$14.7 million required inventory financing not yet secured

3. Mar 31

   Cryptocurrency financing

   24h Move

   -3.2%

   Private cryptocurrency financing, convertible-note elimination, and planned Texas redomiciliation

4. Mar 05

   Staking rewards update

   24h Move

   +3.3%

   3.2 million 0G tokens earned through staking at reported 22% APY

5. Mar 04

   Pharmaceutical order

   24h Move

   +7.2%

   $6.5 million German pharmaceutical distribution order secured

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

continuance, proxy statement/prospectus

2 terms

continuance regulatory

"completed its previously announced change of jurisdiction of incorporation"

A continuance is a formal postponement of a meeting, hearing, regulatory review or other scheduled corporate proceeding to a later date. For investors it matters because it delays outcomes—like approvals, rulings or decision timelines—creating uncertainty about when material information or actions will be resolved; think of it like pausing a movie and resuming later, which keeps you waiting to see the ending and can affect short-term expectations and share price.

proxy statement/prospectus regulatory

"Complete details regarding the Continuance were outlined in the proxy statement/prospectus"

A proxy statement or prospectus is a document that companies send to shareholders to provide important information about upcoming decisions or investments, such as voting on company issues or offering new shares to the public. It helps investors understand the details and risks involved, enabling them to make informed choices about their ownership or involvement with the company.

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Dallas, Texas--(Newsfile Corp. - August 18, 2026) - ZeroStack Corp. (NASDAQ: ZSTK) ("ZeroStack" or the "Company"), the first Nasdaq-listed, AI-focused asset management company, today announced that, effective August 18, 2026, it completed its previously announced change of jurisdiction of incorporation from the Province of Ontario, Canada to the State of Texas, United States (the "Continuance"). In light of the completion of the Continuance, ZeroStack is now subject to the Texas Business Organizations Code, as amended. 

The stock symbol of ZeroStack on the Nasdaq Stock Market will continue to be "ZSTK".

The Continuance was approved by a special resolution of shareholders of ZeroStack passed at its 2026 Annual and Special Meeting of Shareholders and subsequently by the board of directors of ZeroStack.

Complete details regarding the Continuance were outlined in the proxy statement/prospectus of ZeroStack dated June 17, 2026, a copy of which is available at ZeroStack's profile on EDGAR and SEDAR+ at www.sec.gov and www.sedarplus.ca.

About ZeroStack Corp:

ZeroStack Corp. 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 ZeroStack'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 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 ZeroStack's Annual Report on Form 10-K filed with the United States Securities and Exchange Commission (the "SEC") on February 27, 2026, as such factors may be updated from time to time in the Company's periodic filings with the SEC, including the Company's Quarterly Report on Form 10-Q filed with the SEC on May 4, 2026, 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 ZeroStack's filings with the SEC. While forward-looking statements reflect ZeroStack's good faith beliefs, they are not guarantees of future performance. ZeroStack 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 ZeroStack (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/310096

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did ZeroStack (NASDAQ: ZSTK) announce on August 18, 2026?

ZeroStack announced it completed its continuance of incorporation from Ontario, Canada to Texas, United States, effective August 18, 2026. According to ZeroStack, this change finalizes the previously announced jurisdiction move and places the company under Texas corporate law.

Does the ZeroStack stock symbol ZSTK change after the Texas continuance?

The ZeroStack stock symbol ZSTK remains unchanged on the Nasdaq Stock Market after the continuance to Texas. According to ZeroStack, only the jurisdiction of incorporation has changed, while trading continues under the existing ticker symbol for shareholders and investors.

What legal framework now governs ZeroStack after its move to Texas?

After completing the continuance, ZeroStack is now subject to the Texas Business Organizations Code, as amended. According to ZeroStack, this replaces its prior governance under Ontario corporate law, aligning the company’s corporate structure and obligations with Texas state requirements.

How was ZeroStack’s continuance to Texas approved by shareholders (ZSTK)?

ZeroStack’s continuance was approved by a special resolution of shareholders at its 2026 Annual and Special Meeting of Shareholders. According to ZeroStack, the board of directors subsequently approved the continuance, completing the formal process required to shift the jurisdiction to Texas.

Where can investors find detailed information on ZeroStack’s Texas continuance?

Investors can review full details in ZeroStack’s proxy statement/prospectus dated June 17, 2026, filed on EDGAR and SEDAR+. According to ZeroStack, these documents are available through its profiles at www.sec.gov and www.sedarplus.ca for public access.