Schadel Christopher Ryan purchased $4K of ZSQR

Z Squared Inc. (NASDAQ:ZSQR) outlined a power-first AI infrastructure strategy in a shareholder letter. It agreed July 31 to acquire Paradox Data and a Union County campus in Arkansas with about 8 MW energized capacity, targeting 50 MW interconnection and up to 150 MW firm power. Deal is stock-only, with $5M Series A convertible preferred at close and up to $20M contingent on milestones. Cash was $15.5M as of June 30, 2026.

Z Squared Inc. (Nasdaq: ZSQR) signed a definitive agreement to acquire 100% of Paradox Data LLC, expanding a prior majority-interest deal. The Union County Campus in Arkansas targets up to 150 MW AI-ready capacity. Consideration is $5.0M Series A convertible preferred at $7.45/share at closing, plus up to $20M in milestone preferred tied to energization and capacity thresholds. Closing within 30 days, subject to conditions.

Z Squared Inc. (NASDAQ: ZSQR) said it raised about $15.3 million via equity sales under a standby equity purchase agreement, with no new corporate debt. The company plans to use net proceeds for acquisition/conversion and general purposes, including letters of intent to acquire Skycore Digital (~24 MW energized, up to 42 MW) and a majority interest in Paradox Data LLC. Phase 1 target: 100 MW AI-ready capacity.

Z Squared, Inc. (Nasdaq: ZSQR) said it entered a binding letter of intent to acquire a majority interest in Paradox Data LLC, including Paradox’s Union County Campus in El Dorado, Arkansas. The deal uses Series D convertible preferred stock with a $5 million initial liquidation preference and no cash or debt. Paradox brings ~8 MW energized power and seeks interconnection up to 50 MW; the campus targets up to 150 MW firm power.

Z Squared, Inc. (Nasdaq: ZSQR) said it entered a $50 million committed equity forward purchase agreement with LucentHash/Data Part Capital (Translucent Matter Inc.). The company can draw in installments priced at 95% of a five-day VWAP, with a 9-month lock-up and no short-selling/hedging. It plans to fund Phase 1 AI infrastructure toward 100 MW, starting with a binding LOI to acquire Skycore Digital (up to 42 MW, 18 MW available).

Hollar Jason M. (Chief Executive Officer) sold 124,529 shares of CARDINAL HEALTH INC (CAH) at an average of $235.89 ($233.22–$237.88, $29.38M total) across 10 trades over 2026-08-18 to 2026-08-19.