Highest-materiality recent filing
Zapata Quantum closes $15M Series D preferred and warrant offering
Raised $4.565M on April 22-23 from 4,565 Series D shares and warrants; $15M offering fully subscribed after April 23 closing.
Zapata Quantum completes oversubscribed $15M financing led by Triatomic Capital
$15M oversubscribed round led by Triatomic Capital; other strategic investors participated.
Zapata Quantum closes $3.75M initial tranche of Series D preferred offering
Sold 3,750 Series D shares and warrants for 4,270,098 common shares on April 9 and 14, 2026.
Zapata Quantum raises $6.7M in Series D convertible preferred and warrant offering
Issued 6,685 shares of Series D Convertible Preferred at $1,000 stated value per share for $6.7M gross proceeds.
Zapata Quantum issues 9.48M shares to settle $3.5M net debt with creditor
Issued 9,479,000 common shares to a creditor on Dec 5, 2025 in exchange for cancellation of $3,503,250 net liabilities.
Zapata Quantum completes Phase Two restructure; raises $1.25M, restructures $8.6M debt
Raised $1.25M at over 3x effective price per share compared to June 2025 capital raise.
Overdue invoices of $3,166,926.75; $1,583,463.38 extinguished in exchange for contingent obligations.
Zapata Quantum completes first phase of restructure with $3M bridge and debt conversion
Raised $3M in secured convertible bridge notes at 10% interest, convertible at $0.04/share with five-year warrants.
Zapata Computing issues convertible preferred to settle $4.43M in liabilities
Authorized 13,000 shares of Series C Convertible Preferred; each convertible into 1,000 common shares.
Zapata Computing replaces Deloitte with Weinberg after going concern and control weaknesses
Deloitte terminated as auditor Oct 30, 2024; Weinberg appointed as independent auditor July 17, 2025.
Zapata Computing grants 32.5M restricted shares each to CEO and sole director
Board approved grant of 32,500,000 restricted shares to CEO Sumit Kapur and sole director Clark Golestani each.
Zapata raises $2.65M via secured notes; converts $10.1M payables to equity
Secured convertible notes raise $2.65M (up to $3M), bearing 10% interest, maturing in 1 year, convertible at $0.04/share into 66.25M shares.
Zapata Computing to delist from Nasdaq after ceasing operations; board resigns
Nasdaq notified Zapata on Oct 16 that its securities will be suspended at open Oct 25; company will not appeal.
Zapata Computing halts operations, terminates staff; CEO resigns; no value for stockholders
Board approved cessation of operations; all employees terminated except a few to wind down.
Zapata Computing posts $29.7M net loss in 2023; going concern flagged
Revenue $5.7M in 2023, up 10% from $5.2M in 2022.
Zapata AI Q2 revenue $2.0M (+40% YoY); operating loss $7.37M; pipeline >$30M
Revenue $2.00M vs $1.43M YoY; gross margin 36.0% vs 19.7%.
Zapata receives Nasdaq deficiency notice for bid price below $1.00
Received Nasdaq notice on July 8, 2024 for non-compliance with minimum $1.00 bid price.
Zapata Computing receives Nasdaq notice for MVLS deficiency; 180-day cure period
MVLS below $50M minimum for 30 consecutive business days, violating Nasdaq Global Market rule 5450(b)(2)(A).
Revenue $1.22M vs $1.51M YoY; operating loss flat at $5.08M.
Zapata AI appoints Sumit Kapur as CFO; Mimi Flanagan resigns effective May 20, 2024
Mimi Flanagan resigns as CFO effective May 20, 2024; resignation not due to any disagreement with company.
Andretti Acquisition Corp. completes de-SPAC merger with Zapata Computing; begins trading as ZPTA
Redemption of 6,048,595 SPAC shares at $10.99/share ($66.45M) reduced trust proceeds.
Entered Forward Purchase Agreement and PIPE Subscription Agreement with Sandia Investment Management LP for up to 1,500,000 shares.
Andretti Acquisition shareholders approve merger with Zapata; 7.7M shares redeemed
All 8 proposals approved including domestication, merger, equity plans, and director elections at Feb 13 special meeting.
SEC declares effective registration statement for business combination with Zapata AI.
Andretti Acquisition provides preliminary Zapata revenue: 2022 $5.2M, H1 2023 $2.9M
Zapata's estimated revenue: 2021 $832k, 2022 $5.165M, six months Jun 2023 $2.943M.
Andretti Acquisition Corp. to merge with Zapata Computing; deal value capped at $200M
Aggregate consideration to Zapata holders capped at $200M at $10 per share of New Parent Common Stock.
Shareholders approve SPAC deadline extension to April 2024 and removal of redemption cap
Extraordinary general meeting on July 14, 2023 approved extending business combination deadline from July 18, 2023 to April 18, 2024.
Andretti Acquisition sees 15.1M share redemptions; enters non-redemption deals for 3.5M shares
Shareholders redeemed 15,105,199 Class A shares at ~$10.62/share, leaving $83.8M in trust.
Non-redemption agreement with unaffiliated investor for 350,000 Class A shares to support extension vote.
Andretti Acquisition Corp. signs non-binding LOI to buy generative AI software company
LOI signed July 6, 2023 for business combination with a generative AI software company.
Andretti Acquisition Corp. completes $230M IPO, deposits $235.75M in trust
Closed IPO of 23,000,000 units at $10.00/unit for gross proceeds of $230,000,000; full exercise of over-allotment (3,000,000 units).
On October 15, 2024, in connection with the previously announced cessation of the operations of the Company, each of William M. Brown, Dana Jones, Jeffrey Huber, William Klitgaard and Raj Ratnakar resigned from their position as a member of the board of directors of the Company and all committees thereof effective immediately.
On October 15, 2024, in connection with the previously announced cessation of the operations of the Company, each of William M. Brown, Dana Jones, Jeffrey Huber, William Klitgaard and Raj Ratnakar resigned from their position as a member of the board of directors of the Company and all committees thereof effective immediately.
On October 15, 2024, in connection with the previously announced cessation of the operations of the Company, each of William M. Brown, Dana Jones, Jeffrey Huber, William Klitgaard and Raj Ratnakar resigned from their position as a member of the board of directors of the Company and all committees thereof effective immediately.
On October 15, 2024, in connection with the previously announced cessation of the operations of the Company, each of William M. Brown, Dana Jones, Jeffrey Huber, William Klitgaard and Raj Ratnakar resigned from their position as a member of the board of directors of the Company and all committees thereof effective immediately.
On October 15, 2024, in connection with the previously announced cessation of the operations of the Company, each of William M. Brown, Dana Jones, Jeffrey Huber, William Klitgaard and Raj Ratnakar resigned from their position as a member of the board of directors of the Company and all committees thereof effective immediately.
On October 7, 2024, Christopher Savoie resigned as President and Chief Executive Officer of the Company, as well as a member of the board of directors of the Company, in each case effective immediately.
On October 7, 2024, Christopher Savoie resigned as President and Chief Executive Officer of the Company, as well as a member of the board of directors of the Company, in each case effective immediately.
Effective October 9, 2024, the Company determined that Yudong Cao, the Company’s Chief Technology Officer, will serve in that role until October 16, 2024, following which he will continue to assist the Company on a part-time basis, as needed.
The board of directors of the Company has appointed Sumit Kapur, the Company’s Chief Financial Officer, to serve as the Chief Executive Officer and principal executive officer, effective immediately.
On May 8, 2024, the board of directors of Zapata Computing Holdings Inc. (the “Company”) appointed Sumit Kumar as the Company’s Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer effective on May 20, 2024.
On May 8, 2024, Mimi Flanagan, the Chief Financial Officer and Treasurer of the Company, notified the Company that she will be resigning from her positions effective May 20, 2024.
Christopher Savoie, Ph.D, J.D. 53 President, Chief Executive Officer and Director
Max materiality 1.00 · Median 0.60 · Most common event other_material