Z Squared Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $192.5M
- Price
- $3.65
- % Change (Daily % change from the live per-ticker quote feed.)
- -7.83%
- Volume
- 807.2K
About
Z Squared Inc. operates as an integrated computing infrastructure company, deploying and managing advanced computing equipment across its facilities in North Carolina, South Carolina, and Iowa. The firm diligently oversees and optimizes its extensive network of specialized hardware. This comprehensive approach incorporates dynamic power management strategies, real-time analytics dashboards for performance monitoring, and an internal program dedicated to repair and lifecycle management. These measures collectively aim to maximize the operational efficiency of their hardware assets and minimize capital expenditure. Established in 2022, Z Squared Inc. has its corporate base in Fort Lauderdale, Florida.
Quick stats
Shares outstanding52.7M
Computed float51.8M
Float / shares98.3%
Key info
SectorTechnology
IndustrySoftware - Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001759186
Websitehttps://ir.zsquaredinc.com
AI Summary
AI-generated1/19
standardbullishoperations update
Z Squared CEO to Shareholders: "The Scarcest Thing in AI is Not Chips. It is Power."
Z Squared CEO David Halabu outlined a strategic pivot from digital asset mining to AI infrastructure, identifying power availability as the primary market bottleneck.
The company signed a definitive agreement to acquire Paradox Data and its Union County campus, targeting 150 MW of capacity with $5 million in preferred stock due at closing.
Z Squared reported $15.5 million in cash and no debt as of June 30, having raised $15.4 million via a standby equity agreement that is now fully drawn.
Red flags
- Phase 1 objective of 100 MW is a target, not a commitment
- Paradox acquisition consideration is 100% stock, presenting dilution risk
- Limited operating history in AI infrastructure