MergerMay 1, 2026, 05:26 PM
Z Squared Completes Coeptis Merger, Lists on Nasdaq as ZSQR
AI Summary
Z Squared Inc. announced the completion of its business combination with Coeptis Therapeutics Holdings, Inc., with its shares commencing trading on the Nasdaq Global Market under the ticker symbol "ZSQR" on April 27, 2026. The combined company now has approximately 51.5 million shares outstanding, with former Z Squared Opco stockholders owning about 85%. Concurrently, Z Squared entered a binding letter of intent to acquire Skycore Digital LLC for up to $22 million in Series B Convertible Preferred Stock, significantly expanding its AI infrastructure capacity. The company also announced key executive appointments, including Michelle Burke as Co-CEO and Ryan Schadel as CMO, and issued shares for consulting services.
Key Highlights
- Completed business combination with Coeptis Therapeutics, renaming the company to Z Squared Inc.
- Shares commenced trading on the Nasdaq Global Market under ticker "ZSQR" on April 27, 2026.
- Approximately 51.5 million shares of common stock issued and outstanding post-merger.
- Former Z Squared Opco Inc. stockholders own approximately 85% of the combined company.
- Entered binding LOI to acquire Skycore Digital LLC for up to $22,000,000 in Series B Convertible Preferred Stock.
- Skycore operates 24 MW of energized power capacity with an expansion path to 42 MW for AI infrastructure.
- Michelle Burke appointed Co-Chief Executive Officer; Ryan Schadel appointed Chief Marketing Officer.
- Issued 200,000 common shares to Group 10 Holdings LLC and up to 566,000 common shares to Moneta Advisory Partners, LLC.