• Z Squared agreed to acquire a majority membership interest in Paradox Data via a binding letter of intent.
• Consideration: Series D Convertible Preferred Stock with a USD 5 million aggregate initial liquidation preference; no cash, no debt financing.
• Paradox’s main asset is the Union County Campus data center development in El Dorado, Arkansas, targeting up to 150 MW of firm power.
• At closing, Paradox assets slated to be vested include about 10 acres under contract, about 8 MW of energized capacity, technology and IP.
• Post-closing milestones include pursuing acceptance of an interconnection request for up to 50 MW of utility power.

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: FL92060) on June 25, 2026, and is solely responsible for the information contained therein.