---
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"
generated_at: "2026-05-17T01:59:05.798458+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Zapata Quantum restructures $3.17M creditor debt into contingent obligations, raises $500K via Series A preferred

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-001650
- JSON: https://secwatch.observer/filing/0001079973-25-001650.json
- Plain text: https://secwatch.observer/filing/0001079973-25-001650.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2025-10-23
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1843714/000107997325001650/0001079973-25-001650-index.htm

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