{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-25-001650","form_type":"8-K","ticker":"ZPTA","cik":"0001843714","company_name":"Zapata Quantum, Inc.","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.767899+00:00","generated_at":"2026-05-17T01:59:05.798458+00:00","sec_items":["1.01","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Zapata Quantum restructures $3.17M creditor debt into contingent obligations, raises $500K via Series A preferred","bullets":["Overdue invoices of $3,166,926.75; $1,583,463.38 extinguished in exchange for contingent obligations.","Remaining $1,583,463.38 subject to forbearance with 0.8% monthly late charge; forbearance terminates on specified events.","Contingent obligations: $791,731.69 each due upon capital raises exceeding $45M and $55M.","Company sold 5,000 shares of Series A Convertible Preferred at $100/share for $500,000 to accredited investors.","Series A convertible into 1,000 common shares per preferred share; senior to common on liquidation."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-25-001650","json":"https://secwatch.observer/filing/0001079973-25-001650.json","markdown":"https://secwatch.observer/filing/0001079973-25-001650.md","text":"https://secwatch.observer/filing/0001079973-25-001650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1843714/000107997325001650/0001079973-25-001650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1843714/000107997325001650/zapata_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:59:05.798458+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2692732cad9d3186983c407036c4fcd48b9128a6","claim":"Zapata Quantum, Inc.: Filed Certificate of Designations for Series A Preferred Stock, designating up to 15,000 shares with conversion and voting rights and liquidation preference over common stock and other preferred series (effective 2025-10-23).","evidence_excerpt":"On October 23, 2025, the Company filed the Certificate of Designations of Preferences, Rights and Limitations (the “Certificate of Designations”) of the Series A with the Delaware Secretary of State designating and authorizing the issuance of up to 15,000 shares of Series A.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1843714/000107997325001650/0001079973-25-001650-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-10-23"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}