Z Squared (ZSQR) news

Z Squared deal valued at up to $25 mln in preferred stock, $20 mln tied to milestones

Z Squared (Delaware) - up to $20 mln additional convertible preferred stock earned upon development milestones

Z Squared to buy 100% of Paradox Data and Union County Campus

Z Squared, Inc. (Nasdaq: ZSQR) has entered into a binding letter of intent to acquire a majority interest in Paradox Data LLC, a digital infrastructure company specializing in high-density, immersion-cooled compute for data-intensive workloads. The acquisition includes Paradox Data’s flagship…

Z Squared: Future financing to be tied to milestones

Z Squared says ~2 years of operating runway remains

Z Squared Inc. (ZSQ2) has disclosed that it currently has approximately two years of operating runway based on its cash reserves and projected burn rate, according to its most recent financial update [1]. This estimate assumes no material changes in the company’s operational or financial strategy…