{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-002659","form_type":"8-K","ticker":"ZSQR","cik":"0001759186","company_name":"Z Squared Inc.","filed_at":"2026-06-25T22:57:08+00:00","discovered_at":"2026-06-26T10:05:00.291241+00:00","generated_at":"2026-06-26T10:05:38.658510+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Z Squared signs binding LOI to acquire majority interest in Paradox Data for $5M in Series D Preferred","bullets":["Acquisition targets Paradox Data, operator of Union County Campus in El Dorado, AR, with up to 150 MW firm power.","Consideration entirely in Series D Convertible Preferred Stock with $5M aggregate liquidation preference; no cash or debt.","Paradox's assets include ~8 MW energized power, 10-acre land parcel, and immersion-cooling technology.","Post-closing milestone: pursue interconnection request for up to 50 MW of utility power.","Closing expected by July 31, 2026, subject to due diligence, consents, and potential Nasdaq stockholder approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-002659","json":"https://secwatch.observer/filing/0001185185-26-002659.json","markdown":"https://secwatch.observer/filing/0001185185-26-002659.md","text":"https://secwatch.observer/filing/0001185185-26-002659.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759186/000118518526002659/0001185185-26-002659-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759186/000118518526002659/zsquared8k062526.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T10:05:38.658510+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}