Zapata receives Nasdaq deficiency notice for bid price below $1.00

Zapata Quantum, Inc.

Received Nasdaq notice on July 8, 2024 for non-compliance with minimum $1.00 bid price.
Has 180 calendar days, until January 6, 2025, to regain compliance by closing at $1.00+ for 10 consecutive business days.
May seek additional 180-day cure period if eligible, possibly via reverse stock split.
Common stock and warrants continue trading on Nasdaq under ZPTA and ZPTAW.
Company evaluating options but cannot assure compliance will be regained.

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