---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-003263"
form_type: "8-K"
ticker: "ZSQR"
cik: "0001759186"
company_name: "Z Squared Inc."
filed_at: "2026-08-04T21:29:59+00:00"
generated_at: "2026-08-04T21:32:09.906094+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Z Squared signs definitive agreement to acquire 100% of Paradox Data for up to $25M in preferred stock

## Summary
- Total consideration up to $25M in Series A Convertible Preferred Stock; $5M at closing, $20M milestone-based.
- Milestone payments tied to achieving up to 150 MW AI-ready capacity at Union County Campus in El Dorado, AR.
- CTO Jeffery Harris holds indirect minority interest in seller; transaction approved by Audit Committee as related party.
- Closing expected within 30 days, outside date Sept 30, 2026 (extendable to Dec 31).
- Terminated corporate services agreement with Moneta Advisory Partners, effective July 29, 2026, no penalty.

## SEC filing metadata
- accession: 0001185185-26-003263
- form_type: 8-K
- ticker: ZSQR
- cik: 0001759186
- company_name: Z Squared Inc.
- filed_at: 2026-08-04T21:29:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759186/000118518526003263/0001185185-26-003263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759186/000118518526003263/zsqr8k080426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-003263
- JSON: https://secwatch.observer/filing/0001185185-26-003263.json
- Plain text: https://secwatch.observer/filing/0001185185-26-003263.txt

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