Flora Growth shareholders approve major governance and capital changes

Flora Growth ( (FLGC) ) has provided an update.

At a special meeting of shareholders held on December 19, 2025, Flora Growth Corp. secured approval for a broad package of governance and capital-structure measures, including an amendment to its 2022 Incentive Compensation Plan that sharply increases the pool of common shares and incentive stock options available for issuance, and subsequent stock option grants to its CEO, CFO and Executive Chairman in line with their employment agreements. Shareholders also authorized the board to change the company’s name to ZeroStack Corp., create a new class of preferred shares with defined rights, approve various issuances of common shares underlying pre-funded warrants, warrants and convertible notes tied to September 2025 private placements, and give the board discretion to implement a forward share split of between 2:1 and 10:1 within a year, collectively enhancing the company’s flexibility to raise capital, adjust its share structure and align executive incentives while potentially diluting existing holders.

The most recent analyst rating on (FLGC) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Flora Growth stock, see the FLGC Stock Forecast page.

Spark’s Take on FLGC Stock

According to Spark, TipRanks’ AI Analyst, FLGC is a Neutral.

Flora Growth’s overall stock score is primarily impacted by its weak financial performance and poor valuation, reflecting significant challenges in profitability and financial stability. However, recent corporate events provide a positive outlook, with substantial funding and strategic initiatives that could improve the company’s future prospects. Technical analysis indicates a bearish trend, further weighing on the stock’s attractiveness.

To see Spark’s full report on FLGC stock, click here.

More about Flora Growth

Flora Growth Corp., organized under the laws of Ontario, operates as a publicly listed company whose common shares trade on Nasdaq, with a capital structure that includes common shares, and, following recent approvals, the potential for a new class of preferred shares issuable in series. The company engages in private placement financings, uses incentive compensation plans featuring stock options for senior management, and is considering a corporate name change to ZeroStack Corp., signaling a possible rebranding and strategic repositioning in its market.

Average Trading Volume: 40,668

Technical Sentiment Signal: Sell

Current Market Cap: $5.46M

For detailed information about FLGC stock, go to TipRanks’ Stock Analysis page.