other material
confidence high
sentiment neutral
materiality 0.50
Zapata Computing partners with D-Wave; issues $4M in Senior Secured Notes
Zapata Quantum, Inc.
- Zapata Computing announced multi-year strategic collaboration with D-Wave Quantum Inc.
- Issued $1.0M in Senior Secured Notes to D-Wave as part of the partnership.
- Issued $3.0M in Senior Secured Notes to Sandia Investment Management LP entities.
- Total outstanding Senior Secured Notes now ~$13.2M.
- This development is in connection with the pending merger of Zapata and Andretti Acquisition Corp.