secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001079973-25-001842
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zapata Quantum issues 9.48M shares to settle $3.5M net debt with creditor
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- Issued 9,479,000 common shares to a creditor on Dec 5, 2025 in exchange for cancellation of $3,503,250 net liabilities.
- Gross accounts payable/liabilities canceled: $5.5M; offset by $2.0M accounts receivable/assets.
- Conversion and registration terms were previously disclosed in the June 18, 2025 8-K; no new terms added.
- Shares issued under Section 4(a)(2) and Rule 506(b) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000107997325001842/0001079973-25-001842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000107997325001842/zapata_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-25-001842

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