Shares of ZeroStack surge Wednesday afternoon after the company announces a definitive agreement for a $1 billion strategic contribution of Memecore tokens.

ZeroStack acquires 926 million MemeCore tokens valued at $1B in an equity swap, issuing shares at more than 12 times recent trading prices.

Shares of ZeroStack surge Wednesday afternoon after the company announces a definitive agreement for a $1 billion strategic contribution of Memecore tokens.