Oct. 2 at 1:28 AM
$FLGC "On September 19, 2025, we entered into a loan agreement with Zero Gravity Labs Inc. (the "Zero Gravity") to sell and issue to Zero Gravity a private placement offering 1,786,423 common share warrants ("Loan Agreement Warrants"). On September 22 the Company entered into the "Zero Gravity Securities Purchase Agreement" with Zero Gravity for the issuance of a convertible note (the "Zero Gravity Convertible Note"). Pursuant to the Zero Gravity Convertible Note, the Company issued to Zero Gravity via a private placement (the "Zero Gravity Offering" and together with the Offering, the "Cryptocurrency Offering") an unsecured convertible note in an aggregate amount of Tokens with a current value of US
$150,000,000.
The Company intends to use the net proceeds to further the Company's new digital asset treasury strategy linked to
$0G, the native tokens of the Zero Gravity (0G) blockchain ("0G Tokens"), and to expand the use of the native AI functionality of the 0G Token"
