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EFFECT ·Filed Jun 17, 2026

ZSQR

Z Squared Inc.
BEARISH
Impact 7/10
Horizonweeks Processed4mo ago SEC9999999995-26-002026
IPO/offering going effective
Actionable Insight ▼ Bearish

The effective registration removes the last barrier before a massive secondary resale. Expect heightened selling pressure and further price depreciation as the overhang is monetized. The prior bearish S-1 analysis (impact 7) was prescient — the risk profile is now more concrete.

DirectionBearish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d
ZSQR ▼ -82.33% at T+60d
SHORT call ✓ call won +82.33% · α vs SPY +85.02% · entry $15.59 → $2.76
Entry = T+0 close
Jun 17, 2026
via day close
T+1d
+7.31%
call -7.31% · α -6.53%
$16.73
settled 4mo ago
T+5d
-21.74%
call +21.74% · α +20.85%
$12.20
settled 4mo ago
T+20d
-67.58%
call +67.58% · α +67.89%
$5.06
settled 3mo ago
T+60d
-82.33%
call +82.33% · α +85.02%
$2.76
settled 6w ago

Price Chart

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Executive Summary

Z Squared Inc.'s S-1 registration statement (File No. 333-296653) became effective on June 16, 2026. This allows selling securityholders, primarily former members of BSG Series CM, to resell up to 41,584,562 shares of common stock, representing 80.85% of outstanding shares. The effectiveness removes the final regulatory barrier before a massive secondary resale overhang can hit the market, amplifying dilution risk for existing shareholders.

Key Facts

  • Effectiveness date: June 16, 2026 for S-1 registration statement
  • Up to 41,584,562 shares (80.85% of outstanding) registered for resale
  • Selling securityholders are primarily former members of BSG Series CM
  • Company has no operating history as a digital asset miner and a going-concern qualification
  • DOGE mining operations currently uneconomical ($0.085 vs $0.13 breakeven per prior analysis)

Financial Impact

Potential dilution of up to 80.85% of outstanding shares via secondary resale. Market cap of ~$765M implies ~$619M in potential selling pressure at current prices.

dilutionoverhang

Risk Factors

  • Massive dilution from resale of 80.85% of shares outstanding
  • Going-concern risk remains from uneconomical mining operations
  • Potential for accelerated selling by former BSG Series CM members

Market Snapshot

Exchange
Nasdaq
Sector
Finance Services
Analyst Consensus
0% bullish (6 analysts)

Investment Themes

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
EFFECT Filing (Primary)9999999995-26-002026
Document: 9999999995-26-002026-index.html9999999995-26-002026
Document: 9999999995-26-002026.txt9999999995-26-002026
10 reports for ZSQR
Performance horizon
83% Hit rate @ T+60 5 of 6 directional calls Went positive at some point 6 of 6 best @ T+60▲ +81.02%Jun 23, 2026
Filters
Rows
Reports for ZSQR — sortable, filterable
TypeNow
Sep 14, 2026
6w ago
8-K
MIXED ★ 6/10
$2.31awaiting T+60—$4.14 (+79.22%)
Jul 22, 2026
13w ago
8-K
BULLISH ★ 6/10
$4.76 $4.28▼ −10.08%▼ −14.64%$4.14 (−13.03%)
Jul 10, 2026
15w ago
8-K
BEARISH ★ 6/10
$7.20 $4.36▲ +39.44%▲ +43.44%$4.14 (+42.50%)
Jun 29, 2026
17w ago
8-K
NEUTRAL ★ 5/10
$10.58 $2.96▼ −72.02%▼ −75.59%$4.14 (−60.87%)
Jun 26, 2026
17w ago
S-1
BEARISH ★ 5/10
$11.67 $2.96▲ +74.64%▲ +78.25%$4.14 (+64.52%)
Jun 23, 2026
18w ago
EFFECT
BEARISH ★ 7/10
$13.38 $2.54▲ +81.02%▲ +84.97%$4.14 (+69.06%)
Jun 17, 2026
18w ago
EFFECT
BEARISH ★ 7/10
$15.59 $2.76▲ +82.33%▲ +85.02%$4.14 (+73.44%)
Jun 9, 2026
19w ago
S-1
BEARISH ★ 7/10
$10.39 $3.04▲ +70.74%▲ +77.32%$4.14 (+60.15%)
Jun 4, 2026
20w ago
8-K
BEARISH ★ 6/10
$10.12 $2.95▲ +70.85%▲ +74.85%$4.14 (+59.09%)
May 22, 2026
22w ago
8-K
NEUTRAL ★ 3/10
$9.47 $4.11▼ −56.60%▼ −59.32%$4.14 (−56.28%)
Showing 10 of 10

US Market Status

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Report published Jun 17, 2026