---
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"
generated_at: "2026-09-14T21:05:03.097756+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Z Squared closes Paradox Data acquisition for $5M preferred stock; gains 8 MW campus

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-003984
- JSON: https://secwatch.observer/filing/0001185185-26-003984.json
- Plain text: https://secwatch.observer/filing/0001185185-26-003984.txt

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