BSG Series CM, LLC Exits Position in Z Squared Inc. via Pro Rata Distribution
BSG Series CM, LLC filed an Amendment No. 1 to Schedule 13D on May 15, 2026, reporting the complete liquidation of its position in Z Squared Inc. (formerly COEP). On the event date of April 30, 2026, the reporting person executed a pro rata distribution of all 41,521,276 shares of common stock held by it to its respective members based on their percentage membership interests. This distribution involved no payment of consideration by either the reporting person or its members. As a result of this transaction, BSG Series CM, LLC's ownership decreased from 80.73% to 0.0%, effectively exiting its entire stake in the issuer. The reporting person stated that it no longer has any investment intent, voting power, or dispositive power regarding the issuer's common stock. Consequently, this filing serves as the final report, terminating the reporting person's obligations under Section 13(d) of the Securities Exchange Act of 1934. The filing was signed by Steven Baldassarra, Chief Executive Officer of BSG Series CM, LLC.