Z Squared enters $50 million committed equity forward purchase agreement with LucentHash/Data Part Capital
Z Squared
Coeptis Therapeutics Holdings Inc.
Z Squared ZSQR | 0.00 | |
Coeptis Therapeutics Holdings Inc. COEP | 0.00 |
- Z Squared entered a USD 50 million committed equity forward purchase agreement with LucentHash/Data Part Capital to fund AI infrastructure buildout.
- Company can draw capital at its discretion; each draw priced at 95% of five-day VWAP, subject to a 9-month purchaser lock-up.
- Agreement bars the purchaser from short-selling or hedging ZSQR common stock.
- Financing is intended to support acquisitions and site-by-site conversion toward 100 megawatts of AI-ready capacity in Phase 1.
- Deal follows a binding LOI to acquire Skycore Digital, with up to 42 megawatts of potential capacity across three North Carolina sites.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Z Squared Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606040705PR_NEWS_USPR_____FL75911) on June 04, 2026, and is solely responsible for the information contained therein.
