{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-003984","form_type":"8-K","ticker":"ZSQR","cik":"0001759186","company_name":"Z Squared Inc.","filed_at":"2026-09-14T21:01:23+00:00","discovered_at":"2026-09-14T21:04:02.604415+00:00","generated_at":"2026-09-14T21:05:03.097756+00:00","sec_items":["1.01","2.01","3.02","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Z Squared closes Paradox Data acquisition for $5M preferred stock; gains 8 MW campus","bullets":["Closed Sept 8, 2026; issued 5,000 Series A Preferred shares (stated value $5,000,000) to Paradox Infrastructure LLC.","Up to $20M more in milestone payments in Series A shares; total potential consideration $25M if all milestones met.","Union County Campus (El Dorado, AR) has ~8.0 MW interruptible power via Entergy; 150+ MW AI-ready target.","Related party: CTO Jeffery Harris holds indirect minority stake in seller; Audit Committee approved deal.","No cash at closing, no debt incurred; CEO David Halabu says first of four goals met."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-003984","json":"https://secwatch.observer/filing/0001185185-26-003984.json","markdown":"https://secwatch.observer/filing/0001185185-26-003984.md","text":"https://secwatch.observer/filing/0001185185-26-003984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1759186/000118518526003984/0001185185-26-003984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1759186/000118518526003984/zsqr8k091426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-14T21:05:03.097756+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"}