secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001079973-25-001797
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zapata Quantum completes Phase Two restructure; raises $1.25M, restructures $8.6M debt
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- Raised $1.25M at over 3x effective price per share compared to June 2025 capital raise.
- Restructured additional $8.6M debt, bringing total restructured to $18.7M (over 85% of legacy unsecured liabilities).
- Over 80% of debt restructuring accomplished through conversions to equity.
- Retained top-tier financial advisory firm to expedite full SEC compliance, expected within current quarter.
- Plans to pursue return to a national exchange such as Nasdaq after compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000107997325001797/0001079973-25-001797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000107997325001797/zapata_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001797

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer