MemeCore Arrives on Nasdaq Through $1 Billion Landmark Treasury Transaction！
MemeCore Principals Enter into a US$1.0 Billion Strategic Transaction with Nasdaq-Listed ZeroStack. Landmark Transaction Establishes Strategic Equity Position and Expands MemeCore's Reach Across Decentralized AI, Digital Assets and Public Markets
MemeCore today announced a landmark strategic transaction involving Puple AI Inc. and Blockcat Pte. Ltd., principals of the MemeCore ecosystem, and Nasdaq-listed ZeroStack Corp. ("ZeroStack").
Under the definitive agreement, Puple AI Inc. and Blockcat Pte. Ltd. have agreed to contribute an aggregate of US$1.0 billion worth of MemeCore ($M) tokens to ZeroStack in exchange for 3,500,000 shares of ZeroStack common stock and pre-funded warrants to purchase up to 36,198,293 additional shares.
The transaction represents a significant expansion of MemeCore's strategic exposure to the public markets and establishes a deeper long-term relationship between the MemeCore ecosystem and ZeroStack's decentralized artificial intelligence strategy.
The 925,925,926 $M tokens contributed in the transaction were valued at their prevailing fair market trading price of US$1.08 per token.
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