Mergers & Acquisitions ·
Z Squared Inc. completed the acquisition of Paradox Data, LLC and its Union County Campus in El Dorado, Arkansas, on…
COEPZ Squared Inc.
Z Squared Inc. completed the acquisition of Paradox Data, LLC and its Union County Campus in El Dorado, Arkansas, on September 8, 2026. The company issued 5,000 shares of Series A Convertible Preferred Stock with an aggregate stated value of $5,000,000 as closing consideration. Up to four additional milestone payments totaling up to $20,000,000 in preferred stock remain payable upon achievement of development milestones, bringing total potential consideration to $25,000,000. The campus features an existing 8.0 MW electric service agreement with Entergy Arkansas and a contract for adjacent land, supporting a long-term target of approximately 150 MW of AI-ready capacity. Z Squared Inc. operates in the computing infrastructure industry, developing AI colocation facilities.