---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-000784"
form_type: "8-K"
ticker: "ZPTA"
cik: "0001843714"
company_name: "Zapata Quantum, Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T08:01:59.802810+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Andretti Acquisition enters Forward Purchase Agreement with Sandia for up to 1.5M shares in Zapata deal

## Summary
- Entered Forward Purchase Agreement and PIPE Subscription Agreement with Sandia Investment Management LP for up to 1,500,000 shares.
- Business combination with Zapata Computing expected to close March 28, 2024; redemption price ~$10.99 per share for public shareholders.
- Sandia will purchase shares concurrently with closing; prepayment amount tied to redemption price; initial reset price $10.00 per share.
- Sandia waives redemption rights on recycled shares; forward agreement includes Dilutive Offering Reset and optional early termination.

## SEC filing metadata
- accession: 0000950142-24-000784
- form_type: 8-K
- ticker: ZPTA
- cik: 0001843714
- company_name: Zapata Quantum, Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843714/000095014224000784/0000950142-24-000784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843714/000095014224000784/eh240461749_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000784
- JSON: https://secwatch.observer/filing/0000950142-24-000784.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000784.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.