secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0001193125-24-160117
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Zapata Computing receives Nasdaq notice for MVLS deficiency; 180-day cure period
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- MVLS below $50M minimum for 30 consecutive business days, violating Nasdaq Global Market rule 5450(b)(2)(A).
- Company has until December 9, 2024 to regain compliance by closing at $50M or more for 10 consecutive business days.
- If not cured, Nasdaq may delist; Company may transfer to Nasdaq Capital Market if eligible.
- No immediate impact on trading; ZPTA and ZPTAW continue trading on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000119312524160117/0001193125-24-160117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000119312524160117/d837015d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-160117

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