Star Financial converts debt into ZenaTech (ZENA) equity stake
Rhea-AI Filing Summary
Star Financial Corp filed an amended Schedule 13D reporting its ownership in ZenaTech, Inc. common stock. The firm now holds 5,345,000 common shares, which the filing states represent approximately 9.49% of ZenaTech’s outstanding common shares.
The position reflects both prior holdings and a recent debt conversion. On February 12, 2026, Star Financial acquired 2,000,000 common shares by converting $4,432,000 outstanding under a convertible line of credit dated October 9, 2024, at a conversion price of $2.2160 per share. Star Financial reports sole voting and dispositive power over these shares and describes the stake as being held for investment purposes, with no current plans for corporate actions such as mergers, asset sales, or control changes.
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