Z Squared raises $15.4M equity via SEPA completion, added to Russell 2000/3000

Z Squared Inc.

Raised approx $15.3M ($15.4M gross) from sale of 1,302,806 shares at $11.84 to YA II PN under SEPA; no new debt.
Proceeds to support AI infrastructure acquisition and conversion; Phase 1 target of 100 MW AI-ready capacity.
Formally added to Russell 3000 and Russell 2000 indexes effective June 26, 2026.
Signed LOIs to acquire Skycore Digital (~24 MW with path to 42 MW) and majority interest in Paradox Data LLC.
Maintains virtually no corporate debt; all-equity financing preserves balance sheet.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.