Z Squared Inc. (ZSQR) Form S-1 — Jun 9, 2026
Z Squared Inc. (ZSQR) filed an S-1 registration statement to allow selling securityholders to resell up to 41,584,562 shares of common stock, representing approximately 80.85% of the company’s outstanding shares. The company will receive no proceeds from these sales, which are subject to strict lock-up and leak-out restrictions expiring in October 2027 unless the stock price exceeds $16.00 or $35.00 per share. The filing highlights severe financial risks, including a going-concern opinion from auditors Stephano Slack LLC due to an accumulated deficit of $113.9 million and a net loss of $4.0 million in Q1 2026.
Key figures
- Deal Value Usd
- 660300000
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 41584562
- Shares Outstanding
- 51431493
- Net Loss Q1 2026
- $4,020,896
- Mining Fleet Size
- 9800
- Current DOGEPrice
- $0.085
- Accumulated Deficit
- $113,870,346
- Breakeven DOGEPrice
- $0.13
- Lockup Expiration Date
- October 27, 2027
- Lockup Price Threshold
- $16.00
- Warrant Exercise Price
- $230.00
- Lockup Termination Price
- $35.00
- Percent Of Outstanding Offered
- 80.85%
Price after filing
Close on the filing date to close N calendar days later (from $10.33). Historical, not a forecast.
AI analysis
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