Modification of the electronic and crystal structure of zero-layer graphene grown on 6H-SiC(0001) after Co intercalation is reported. Using a wide range of techniques including angle-resolved photoelectron spectroscopy, x-ray photoelectron spectroscopy, Raman spectroscopy, low-energy electron diffraction, we found that zero-layer graphene on SiC transforms into graphene monolayer as a result of cobalt intercalation. The Dirac cone of π band characteristic of quasi-freestanding graphene is observed. In combination with high-resolution transmission electron microscopy and atomic force microscopy data, we conclude that ultrathin silicide CoSi/CoSi2 structure is formed between graphene and SiC substrate. Investigation of magnetic properties reveals ferromagnetic behavior with open hysteresis loop. The results of this work are the basis for further implementation of magneto-spin-orbit graphene on a semiconducting substrate and are important for the future application of such graphene in spintronics.