M&A
confidence high
sentiment neutral
materiality 0.95
Coeptis reverse-merger closes; becomes Z Squared crypto miner; ticker now ZSQR
Z Squared Inc.
- Merger closed April 24, 2026; former Coeptis biopharma assets distributed pre-close as dividend to CHI.
- Z Squared stockholders received 43,877,497 Coeptis shares (~85% of post-merger equity); control shifted.
- New board of five, CEO David Halabu, COO Michelle Burke, CFO Brian Cogley; prior directors/officers resigned.
- OpCo mines DOGE and LTC with 9,800 machines (L7, L9, DG1+); valuation ~$660M as of Jan 2025.
- Energy cost fixed at $0.088/kWh; mined assets converted to fiat within two weeks to limit volatility.