Shareholders approve SPAC deadline extension to April 2024 and removal of redemption cap

Zapata Quantum, Inc.

Extraordinary general meeting on July 14, 2023 approved extending business combination deadline from July 18, 2023 to April 18, 2024.
Extension Amendment passed with 19,944,769 votes for, 1,876,422 against.
Redemption Limitation Amendment eliminates $5,000,001 net tangible asset redemption restriction; passed with 19,944,067 for, 1,877,114 against.
Amendments effective immediately under Cayman law; adjournment proposal not needed due to sufficient votes.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Zapata Quantum, Inc.: Shareholders approved amendments to the Company's amended and restated memorandum and articles of association (Extension Amendment and Redemption Limitation Amendment) (effective 2023-07-14).

Change: charter amendment
Effective: 2023-07-14

Exact text from the filing

On July 14, 2023, in connection with the Extraordinary General Meeting (as defined below), shareholders of Andretti Acquisition Corp. (the “ Company ”) approved the Extension Amendment and the Redemption Limitation Amendment (both as defined below) to the Company’s amended and restated memorandum and articles of association (as may be amended from time to time, the “ Articles ”).

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Zapata Quantum, Inc. shareholders approved The Extension Amendment Proposal at the 2023-07-14 meeting.

Outcome: passed
Meeting: 2023-07-14

Exact text from the filing

For Against Abstain 19,944,769 1,876,422 36

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Zapata Quantum, Inc. shareholders approved The Redemption Limitation Amendment Proposal at the 2023-07-14 meeting.

Outcome: passed
Meeting: 2023-07-14

Exact text from the filing

For Against Abstain 19,944,067 1,877,114 46

View on SEC.gov

13 governance changes filed in the last 30 days. Browse all governance changes →

Zapata Quantum, Inc. filing history →

Source: SEC EDGAR

accession 0000950142-23-002028

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