ZSQR$3.66-0.81%
Z Squared Inc.
Sector: Finance ServicesIndustry: Software - ServicesCountry: USExchange: Nasdaq
Mkt Cap:$194.15M
Float & O/S:8.76M / 53.04M
Inst Own:13.6%
DilutionScan read 51 of Z Squared Inc.'s SEC filings and found 15 warrant series, 7 convertibles, 1 ATM program, 2 equity lines, 1 shelf registration, 3 S-1 registrations and 8 completed offerings on file for ZSQR. The latest dilution event on file is an offering on Sep 8, 2026. Analysis updated Oct 7, 2026.
Signal8 Summary
ZSQR
Auditor going-concern warning
Snapshot
ZSQR is a tiny, unprofitable company transitioning from crypto mining to AI infrastructure. Revenue is minimal at $1.4M against an $11.9M net loss, and gross margins are deeply negative.
What's Happening Right Now
- : Amended the letter of intent for the Skycore Digital acquisition to make the agreement non-exclusive and extended the deadline to January 2027.
- : Filed a shelf registration to sell up to $300 million of common stock through an at-the-market program, citing the need for capital to fund operations and AI infrastructure expansion.
- : Raised $15.4 million in gross proceeds through equity sales under a standby agreement to support its AI infrastructure strategy and acquisition pipeline.
- : Signed a binding letter of intent to acquire a 51% interest in Paradox Data, a developer of high-density data centers targeting up to 150 MW of power capacity.
- : Filed an S-1 registration allowing existing holders to resell over 41 million shares, which included an auditor going-concern opinion and disclosures regarding operational risks in crypto mining.
