Z Squared Inc.는 Paradox Data, LLC를 주식 전용 인수하여 자체 소유 및 가동 중인 시설을 최초로 확보했다
Z Squared Inc., listed on Nasdaq under the ticker ZSQR, announced the closing of its acquisition of Paradox Data, LLC from Paradox Infrastructure LLC. This transaction brings the Union County Campus in El Dorado, Arkansas, into the company computing infrastructure portfolio as its first owned and fully energized site. The campus currently operates under an interruptible service arrangement with Entergy Arkansas, LLC, providing up to approximately 8.0 MW of electric service. This existing grid connection establishes a starting point for phased conversion into high-density colocation space designed for customers who bring and operate their own computing equipment.
Paradox Data, LLC also holds contractual rights to acquire adjacent land and follows a development pathway targeting more than 150 MW of AI-ready capacity over time through a combination of utility power and on-site generation. Capacity beyond the existing service arrangement remains a development target and is not currently contracted, energized, or delivered until additional power arrangements, customer commitments, financing, permitting, and construction are secured. Chief Executive Officer David Halabu stated, In August we told our shareholders to judge us on four things: whether the Paradox acquisition closes, whether we sign our first paying tenant and megawatt commitments, whether energized capacity at Union County grows beyond the current 8 megawatts, and whether we add sites without taking on debt. We have met our first goal. We closed, we paid in stock, and we took on no debt to do it. Union County gives us power already flowing, land under contract for expansion, and a path to pursue 150+ megawatts of AI-ready capacity. The work now is the first phase: the engineering, the power planning and the first customer commitment. We will report against those same four measures as we go. Our intention is for Union County to be the first owned campus rather than the only one, subject to the same discipline we have applied here.
With the acquisition complete, Z Squared near-term priorities at Union County include first-phase high-density electrical and cooling design, utility and on-site generation planning, advancing the adjacent land acquisition, and securing the first binding customer request for service. The company has engaged A2 Advisors, a strategic advisory and executive management firm focused on digital infrastructure, to support site-development planning, project delivery, vendor and partner alignment, and leasing and capital strategy. The Union County site contributes to Z Squared previously announced Phase 1 objective of developing 100 MW of AI-ready capacity across multiple U.S. locations. The company approach involves acquiring energized, grid-connected properties and deploying conversion capital site by site against signed customer contracts and operational readiness. The transaction was completed entirely in stock, with no cash paid at closing and no debt financing incurred. Additional transaction details are contained in the company Current Reports on Form 8-K filed with the U.S. Securities and Exchange Commission.
Z Squared Inc. operates advanced computing equipment and is expanding into AI infrastructure based on three core principles: leading with power by acquiring operating sites where electricity is already flowing, building for AI workloads by converting capacity into AI-ready colocation where clients provide their own hardware, and scaling with discipline by deploying conversion capital sequentially against verified contracts. The company common stock began trading on the Nasdaq Global Market under the symbol ZSQR in April 2026. For more information, visit www.zsquaredinc.com . Investor Relations inquiries may be directed to [email protected].