other material
confidence high
sentiment neutral
materiality 0.30
Zapata Quantum enters exclusive broker-dealer agreement with Chardan for restricted share sales
Zapata Quantum, Inc.
- Agreement with Chardan Capital Markets to manage sales of Restricted Shares under Universal Resale and Registration provisions.
- Commission: 4% of gross proceeds, reducing to 3% after aggregate commissions reach $200,000.
- Upon termination (except for company breach), Zapata pays Chardan the excess of $400,000 over commissions received.
- Restricted Shares arise from prior 2025 common stock and common stock equivalent issuances.