Recent Updates — COEPW
Z Squared Inc. entered into a definitive Membership Interest Purchase Agreement to acquire 100% of Paradox Data LLC and its Union County Campus in Arkansas for up to $25 million in newly designated Series A Convertible Preferred Stock. The transaction includes an initial issuance of $5 million in preferred stock at closing, with milestone payments of up to $20 million tied to achieving AI compute capacity targets of 150 MW. The preferred stock accrues dividends at 8% per annum and converts into common stock at a price of $7.45 per share, subject to caps and mandatory conversion provisions. Concurrently, the company terminated its Corporate Services Agreement with Moneta Advisory Partners without penalty. Z Squared Inc. is a computing infrastructure company operating advanced computing equipment and expanding into AI infrastructure.
Z Squared Inc. entered into a First Amendment to a Letter of Intent to acquire Skycore Digital LLC from MN Data Centers JV LLC and Claw Holdings, LLC. The amendment extends the transaction drop dead date to January 15, 2027, eliminates the $500,000 break-up fee, and terminates exclusivity provisions. Z Squared Inc. operates in the digital infrastructure and data center sector.
Z Squared Inc. entered into a Sales Agreement with Roth Capital Partners, LLC on July 6, 2026, allowing the company to offer and sell common stock with an aggregate offering price of up to $300,000,000. The sales agent will receive a 3.0% commission on gross sales. The company is using an automatic shelf registration statement on Form S-3 to facilitate the following 'at the market' offering. Z Squared Inc. operates in the technology and industrial sectors.