---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-002708"
form_type: "8-K"
ticker: "ZSQR"
cik: "0001759186"
company_name: "Z Squared Inc."
filed_at: "2026-06-29T21:19:05+00:00"
generated_at: "2026-06-29T21:20:48.399680+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001185185-26-002708
- form_type: 8-K
- ticker: ZSQR
- cik: 0001759186
- company_name: Z Squared Inc.
- filed_at: 2026-06-29T21:19:05+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759186/000118518526002708/0001185185-26-002708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759186/000118518526002708/zsquared8k062926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-002708
- JSON: https://secwatch.observer/filing/0001185185-26-002708.json
- Plain text: https://secwatch.observer/filing/0001185185-26-002708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.