secwatch.observer — SEC 8-K summary
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Issuer:     Z Squared Inc. (ZSQR)
CIK:        0001759186
Form:       8-K/A
Filed at:   2026-06-01T20:30:28+00:00
Accession:  0001683168-26-004425
Event type: m_and_a
Sentiment:  negative
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Z Squared OpCo reports $323K net loss for 2025, no revenue, going concern
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- Net loss of $323 for year ended Dec 31, 2025 vs $60 in 2024; no revenues generated.
- Cash and cash equivalents of $1,402 at Dec 31, 2025; total assets $1,402.
- Accumulated deficit of $443; auditor expresses substantial doubt about going concern.
- Capital contribution of $1,725 received in 2025; $120 advance from affiliate remains.
- Pre-revenue crypto miner planned to acquire ~9,000 mining machines via asset-for-share exchange, contingent on merger close and SEC court order.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759186/000168316826004425/0001683168-26-004425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759186/000168316826004425/zsquared_8ka1.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-004425

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