secwatch.observer — SEC 8-K summary
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Issuer:     Z Squared Inc. (ZSQR)
CIK:        0001759186
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001683168-26-003388
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 2.01, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coeptis reverse-merger closes; becomes Z Squared crypto miner; ticker now ZSQR
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759186/000168316826003388/0001683168-26-003388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759186/000168316826003388/zsquared_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-003388

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer