Flora Growth Announces Results of 2025 Special Meeting of Shareholders
Flora GrowthFlora Growth(US:FLGC) TMX Newsfile·2025-12-19 21:33

Core Viewpoint - Flora Growth Corp. is rebranding to ZeroStack and is the first public company to provide exposure to Decentralized AI through the accumulation of $0G, its native cryptocurrency [1][6] Proposal Summaries - Proposal 1: Authority granted to the Board to change the company's name to "ZeroStack Corp." with 307,327 votes for and 53,559 against [2] - Proposal 2: Authority granted to create a new class of preferred shares, with 165,494 votes for and 32,278 against [2] - Proposal 3: Approval of the 2022 Plan Amendment to increase the number of Common Shares from 115,385 to 10% of fully diluted shares, with 167,124 votes for and 30,477 against [2] - Proposal 4: Approval of stock options grant to the CEO, CFO, and Executive Chairman, with 166,325 votes for and 30,688 against [3] - Proposal 5: Approval for issuance of Common Shares underlying pre-funded warrants from private placement transactions, with 53,843 votes for and 27,150 against [3] - Proposal 6: Approval for issuance of Common Shares underlying a convertible note issued to DeFi Development Corp., with 53,843 votes for and 27,076 against [3] - Proposal 7: Approval for issuance of Common Shares underlying a convertible note issued to Zero Gravity Labs Inc., with 54,609 votes for and 27,033 against [3] - Proposal 8: Authority granted for a forward share split of outstanding Common Shares at a ratio between 2:1 to 10:1, with 280,700 votes for and 70,061 against [4] - Proposal 9: Approval for adjournments or postponements of the Meeting if necessary, with no specific vote count provided [4] Meeting Outcomes - All proposals (1 through 9) were approved during the Special Meeting of Shareholders [5]

Flora Growth Announces Results of 2025 Special Meeting of Shareholders - Reportify