secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2023-09-06T23:59:59+00:00
Accession:  0001193125-23-229092
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Andretti Acquisition Corp. to merge with Zapata Computing; deal value capped at $200M
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- Aggregate consideration to Zapata holders capped at $200M at $10 per share of New Parent Common Stock.
- AAC to be renamed Zapata Computing Holdings Inc. and reincorporate in Delaware before closing.
- Zapata may issue up to $20M in Senior Notes or raise up to $25M equity prior to closing.
- Lock-up periods: common stockholders 1 year (or $12/share trigger); preferred six months with phased sale limits.
- Outside date for closing is April 18, 2024, extendable to September 6, 2024 under conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000119312523229092/0001193125-23-229092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000119312523229092/d539142d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-229092

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