Z Squared Buys Energized Arkansas Site, Eyes 150+ MW AI Capacity
Ft. Lauderdale – September 13, 2026 -- Z Squared Inc. (Nasdaq: ZSQR) closed its all-stock acquisition of Paradox Data, LLC, gaining an energized computing campus in El Dorado, Arkansas, with an existing 8.0 MW electric service arrangement and a phased target of 150+ MW of AI-ready capacity.
Deal closes with zero cash and no debt financing
Z Squared paid entirely in stock for Paradox Data, LLC, acquired from Paradox Infrastructure LLC, incurring no cash outlay or debt at closing. The transaction hands the company its first owned, energized computing site, the Union County Campus, as it builds out an AI colocation business.