Z Squared to Acquire Skycore Digital, Adding 24 MW of AI Infrastructure with Expansion to 42 MW
Z Squared, Inc. (ZSQR) has entered into a binding letter of intent to acquire Skycore Digital, adding 24 MW of energized AI infrastructure with potential to expand to 42 MW. The acquisition is structured entirely in Series B Convertible Preferred Stock, with no cash or debt involved. The deal is expected to enhance Z Squared's capabilities in AI and high-performance computing.
Topics: acquisition AI infrastructure digital infrastructure Nasdaq Skycore Digital LLC Z Squared