Z Squared entered into a First Amendment to its letter of intent for the proposed acquisition of Skycore Digital. Effective June 30, 2026, the amendment extends the drop dead date to January 15, 2027, eliminates a $500,000 break-up fee, and ends exclusivity, making discussions non-exclusive. The LOI remains non-binding aside from certain provisions, and any party may cease talks at any time. There is no assurance a definitive agreement will be signed or the acquisition completed.
Agreement details:
- Agreement type: First Amendment to Letter of Intent for proposed acquisition of Skycore Digital
- Counterparty: MN Data Centers JV and Claw Holdings
- Signed / Effective: Jul 09 2026 / Jun 30 2026
- Duration / Termination: Until Jan 15 2027
- Reason: Maintain flexibility while pursuing the Skycore acquisition
Original SEC Filing:
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