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Star Financial converts debt into ZenaTech (ZENA) equity stake

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

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.

Positive

  • None.

Negative

  • None.





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D


Star Financial Corp
Signature:Fay Passley
Name/Title:President
Date:02/20/2026

FAQ

What ownership stake in ZenaTech (ZENA) does Star Financial report?

Star Financial reports holding 5,345,000 ZenaTech common shares, representing approximately 9.49% of the company’s outstanding common shares. This stake gives Star Financial sole voting and dispositive power over these shares, according to the beneficial ownership disclosure.

How did Star Financial acquire its latest ZenaTech (ZENA) shares?

Star Financial acquired 2,000,000 ZenaTech common shares through a debt conversion. On February 12, 2026, it converted $4,432,000 outstanding under an October 9, 2024 convertible line of credit at a price of $2.2160 per share.

What is the conversion price for Star Financial’s ZenaTech (ZENA) debt?

The filing states that Star Financial converted outstanding amounts under a ZenaTech convertible line of credit at $2.2160 per share. This conversion on February 12, 2026, resulted in the issuance of 2,000,000 ZenaTech common shares to Star Financial.

Does Star Financial have control-related plans for ZenaTech (ZENA)?

Star Financial indicates it acquired ZenaTech common stock for investment purposes only. The filing states it has no current plans or proposals relating to the corporate actions listed in Items 4(a) to 4(j), such as mergers, asset sales, or control changes.

What type of filing did Star Financial submit regarding ZenaTech (ZENA)?

Star Financial submitted an Amendment No. 1 to a Schedule 13D, updating its beneficial ownership in ZenaTech common stock. The amendment reflects additional shares received through conversion of a convertible line of credit and the resulting ownership percentage.

What powers over ZenaTech (ZENA) shares does Star Financial report?

Star Financial reports sole voting and sole dispositive power over 5,345,000 ZenaTech common shares. It lists no shared voting or dispositive power, indicating exclusive authority to vote and dispose of the reported shares under the disclosure.
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