Z Squared Inc. Announces Nasdaq Listing, Merger Closing, and Binding LOI to Acquire Skycore Digital LLC
On April 27, 2026, Z Squared Inc. (formerly Coeptis Therapeutics Holdings, Inc.) announced the closing of its merger with Z Squared Opco, Inc. and its subsequent listing on the Nasdaq Global Market under the symbol 'ZSQR'. Following the merger, the company entered into a binding Letter of Intent (LOI) to acquire 100% of Skycore Digital LLC, a North Carolina-based data center entity. The acquisition consideration includes the issuance of newly designated Series B Convertible Preferred Stock with an aggregate initial liquidation preference of $18 million, potentially increasing to $22 million if Skycore secures additional power capacity milestones. The Series B Preferred features an 8-10% dividend, a conversion price at 110% of the 20-day VWAP, and mandatory redemption on the seventh anniversary. Concurrent with these events, Z Squared overhauled its leadership, appointing David Halabu and Michelle Burke as Co-CEOs and Brian Cogley as CFO. The company also entered into several consulting and marketing agreements involving the issuance of common stock to various advisors to support its transition and investor relations efforts.