Every material Form 8-K Z Squared Inc. has filed with the SEC since August 26, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Z Squared Inc. elected Jeffery Harris, its Chief Technology Officer, as a director effective November 3, 2026, filling the seat left vacant by Michelle Burke's May 22, 2026 resignation. Harris is an employee and executive officer, so he is not independent, but three of the five directors remain independent, keeping a majority under Nasdaq rules. He receives no additional director compensation.
Jeffery Harris, age 40, elected director effective November 3, 2026, filling the vacancy left by Michelle Burke's resignation
Board remains at five directors; three (Adam Sohn, Bryan Fuerst, Kenneth Cooper) are independent
Harris is not named to any board committee and receives no additional director compensation
Filing notes ongoing commercial relationships with Paradox Infrastructure LLC and Paradox Energy LLC, in which Harris holds membership interests
Z Squared completed its acquisition of Paradox Data, LLC on September 8, 2026, which holds the Union County Campus in El Dorado, Arkansas, with about 8.0 MW of existing interruptible grid power. The company paid with 5,000 shares of newly designated Series A Convertible Preferred Stock, with a stated value of $5,000,000, and issued no cash or debt for the closing. Shareholders should note the preferred stock's potential dilution, a related person transaction involving the Chief Technology Officer, and that Entergy's consent to transfer the power agreement has not been obtained.
Closing date September 8, 2026; consideration was 5,000 Series A Preferred shares with a $5,000,000 stated value, convertible at $7.45 per common share
Up to $20,000,000 more in preferred stock is payable on development milestones, none achieved; total potential consideration up to $25,000,000
Chief Technology Officer Jeffery Harris holds an indirect minority interest in the seller and in Paradox Energy LLC; the Audit Committee and Board approved the deal
Entergy Arkansas consent to assign the electric service agreement has not been obtained; the 150 MW target is not contracted or energized
Z Squared Inc. amended the executive employment agreement of Chief Technology Officer Jeffery Harris on August 24, 2026. The amendment fixes the number of restricted stock units in his first-year bonus award at 49,778, which the company had previously tied to a grant-date value of three times his base salary.
Amendment No. 1 to Harris's Employment Agreement is dated August 24, 2026, and amends the agreement originally entered June 24, 2026.
First-year bonus award fixed at 49,778 restricted stock units.
Original agreement set the annual bonus, in restricted stock units, at a grant-date fair market value equal to three times Harris's base salary.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Z Squared Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →