Z Squared Inc. entered into a binding Letter of Intent to acquire a majority membership interest in Paradox Data LLC, a digital infrastructure company. The transaction is structured as an all-equity transaction using a newly designated Series D Convertible Preferred Stock with an aggregate initial liquidation preference of $5,000,000. The deal is subject to definitive documentation, due diligence, and stockholder approval, with a drop-dead date of July 31, 2026. Z Squared Inc. operates in the technology and digital infrastructure sector.
