Chairman Michael Heinrich Discloses 10.0% Stake in ZeroStack Corp. Following Note Settlement

summarizeSummary

Chairman Michael Heinrich now beneficially owns 10.0% of ZeroStack Corp. common shares following a note settlement, providing clarity on his significant stake during the company's restructuring.

check_boxKey Events

• Updated Beneficial Ownership

  Michael Heinrich, Chairman of ZeroStack Corp., now beneficially owns 471,208 common shares, representing 10.0% of the company's outstanding stock.

• Result of Note Settlement

  This updated ownership follows a note settlement agreement on March 31, 2026, between ZeroStack Corp. and Zero Gravity Labs Inc., an entity controlled by Mr. Heinrich. The settlement involved ZeroStack paying 50,000,000 Tokens to Zero Gravity Labs Inc.

• Insider Commitment Amidst Restructuring

  The disclosure of a 10.0% stake by the Chairman signals continued significant insider involvement and a substantial ownership position during a period of massive restructuring and acquisition for ZeroStack Corp., which was announced on March 31, 2026.

auto_awesomeAnalysis

This Schedule 13D/A filing provides an important update on the beneficial ownership of Michael Heinrich, Chairman of ZeroStack Corp., revealing he now holds 10.0% of the common shares. This significant stake, totaling 471,208 shares, results from a note settlement agreement dated March 31, 2026, between ZeroStack Corp. and Zero Gravity Labs Inc., an entity controlled by Mr. Heinrich. While the underlying note settlement was previously disclosed in an 8-K and a Form 4, this filing quantifies the Chairman's substantial post-settlement ownership. This clarity on insider commitment is highly material, especially as ZeroStack Corp. navigates a massive restructuring and acquisition, as announced on March 31, 2026, and faces significant financial challenges, including a substantial net loss in 2025.