Z Squared Inc. (ZSQR) Form 8-K — Jun 25, 2026
Z Squared Inc. entered into a binding Letter of Intent to acquire a 51% majority membership interest in Paradox Data LLC, a digital infrastructure company specializing in high-density immersion-cooled compute. The consideration for the acquisition consists of $5 million in aggregate initial liquidation preference of newly designated Series D Convertible Preferred Stock, with no cash or debt financing involved. The transaction includes the transfer of key operational assets, specifically a ten-acre land parcel under binding contract and eight megawatts of fully operational, energized power capacity located at the Union County Campus in El Dorado, Arkansas.
Key figures
- Deal Value Usd
- $5,000,000
- Land Acres
- 10
- Pik Dividend Rate
- 10.0%
- Cash Dividend Rate
- 8.0%
- Operational Power MW
- 8
- Preferred Stated Value
- $1,000 per share
- Acquisition Percentage
- 51%
- Target Interconnection MW
- 50
Price after filing
Close on the filing date to close N calendar days later (from $12.20). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.