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FLGC 8-K: Divestiture

ZeroStack Corp.

Filed with the SEC on · accession 0001062993-26-005837

FLGC filed a 8-K (current report) with the SEC on Nov 9, 2026. ZeroStack Corp. entered into a Share Purchase and Transfer Agreement to sell all outstanding shares of its wholly-owned subsidiary Phatebo GmbH to New Horizon Pharma B.V. for €2,150,000.

Summary of the filing

ZeroStack Corp. entered into a Share Purchase and Transfer Agreement to sell all outstanding shares of its wholly-owned subsidiary Phatebo GmbH to New Horizon Pharma B.V. for €2,150,000. The closing is subject to German foreign direct investment clearance and other customary conditions.

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Key details

Aggregate purchase price for all outstanding shares of Phatebo GmbHEUR 2.1M
Seller/registrantZeroStack Corp.
Subsidiary being soldPhatebo GmbH
PurchaserNew Horizon Pharma B.V.
Chief financial officerDany Vaiman

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Frequently asked questions

What did FLGC file with the SEC on Nov 9, 2026?

FLGC filed a 8-K (Divestiture). ZeroStack Corp. entered into a Share Purchase and Transfer Agreement to sell all outstanding shares of its wholly-owned subsidiary Phatebo GmbH to New Horizon Pharma B.V. for €2,150,000. The closing is subject to German foreign direct investment clearance and other customary conditions.

What does a divestiture mean for FLGC stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

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