Zapata Quantum Completes First Phase of Strategic Restructure, Establishing Foundation for Growth
Zapata Quantum (OTC: ZPTA), formerly Zapata Computing Holdings, has completed the first phase of its strategic restructuring plan, marking a significant transformation for the quantum computing software pioneer. The company has successfully raised $3 million in convertible bridge financing from strategic investors and insiders, featuring notes convertible at $0.04 per share with 10% annual interest.
Key achievements include repaying $1.1 million of senior secured debt, converting over $10 million of debt to equity, and securing its valuable intellectual property portfolio of 50+ patents. The company plans to regain SEC compliance by Q4 2025 and aims to uplist to Nasdaq. Founded from Harvard's Quantum Computing Lab, Zapata Quantum maintains its position as a leading hardware-agnostic quantum computing software company, with notable clients including BP, BASF, and BBVA.
Zapata Quantum (OTC: ZPTA), precedentemente Zapata Computing Holdings, ha completato la prima fase del proprio piano di ristrutturazione strategica, segnando una trasformazione significativa per il pioniere del software per il calcolo quantistico. L'azienda ha raccolto con successo 3 milioni di dollari in finanziamento bridge convertibile da investitori strategici e insider, tramite note convertibili a 0,04 dollari per azione con un interesse annuo del 10%.
Tra i risultati principali si registrano il rimborso di 1,1 milioni di dollari di debito senior garantito, la conversione di oltre 10 milioni di dollari di debito in equity e la tutela del suo prezioso portafoglio di proprietà intellettuale composto da oltre 50 brevetti. L'azienda prevede di rientrare nella conformità SEC entro il quarto trimestre del 2025 e punta alla quotazione su Nasdaq. Fondata dal Quantum Computing Lab di Harvard, Zapata Quantum resta una società leader nel software quantistico indipendente dall'hardware, con clienti di rilievo come BP, BASF e BBVA.
Zapata Quantum (OTC: ZPTA), anteriormente Zapata Computing Holdings, ha completado la primera fase de su plan estratégico de reestructuración, marcando una transformación importante para el pionero del software de computación cuántica. La compañía ha conseguido 3 millones de dólares en financiación puente convertible de inversores estratégicos y personas relacionadas, mediante pagarés convertibles a 0,04 dólares por acción con un interés anual del 10%.
Logros clave incluyen el reembolso de 1,1 millones de dólares de deuda senior garantizada, la conversión de más de 10 millones de dólares de deuda a capital y la protección de su valioso portafolio de propiedad intelectual con más de 50 patentes. La empresa espera recuperar el cumplimiento ante la SEC para el cuarto trimestre de 2025 y tiene como objetivo ascender a Nasdaq. Fundada a partir del Quantum Computing Lab de Harvard, Zapata Quantum mantiene su posición como empresa líder en software cuántico agnóstico al hardware, con clientes destacados como BP, BASF y BBVA.
Zapata Quantum (OTC: ZPTA), 이전 명칭 Zapata Computing Holdings, 가 전략적 구조조정 계획의 1단계를 완료하며 양자 컴퓨팅 소프트웨어 선도기업으로서 중요한 변화를 이뤘습니다. 회사는 전략적 투자자와 내부 인사로부터 300만 달러의 전환 브리지 자금을 성공적으로 조달했으며, 연 10% 이자에 주당 0.04달러로 전환 가능한 노트를 발행했습니다.
주요 성과로는 110만 달러의 선순위 담보부 부채 상환, 1000만 달러 이상의 부채를 자본으로 전환, 그리고 50건 이상의 특허로 구성된 가치 있는 지적재산권 포트폴리오 확보가 포함됩니다. 회사는 2025년 4분기까지 SEC 규정 준수를 회복하고 Nasdaq 상장을 목표로 하고 있습니다. 하버드의 Quantum Computing Lab에서 출발한 Zapata Quantum은 하드웨어 비종속적 양자 컴퓨팅 소프트웨어 분야의 선두주자로서 BP, BASF, BBVA 등 주요 고객을 보유하고 있습니다.
Zapata Quantum (OTC: ZPTA), anciennement Zapata Computing Holdings, a achevé la première phase de son plan de restructuration stratégique, marquant une transformation importante pour ce pionnier des logiciels de calcul quantique. La société a levé avec succès 3 millions de dollars en financement relais convertible auprès d'investisseurs stratégiques et d'initiés, sous forme de billets convertibles à 0,04 $ par action avec un intérêt annuel de 10 %.
Parmi les réussites clés figurent le remboursement de 1,1 million de dollars de dette senior garantie, la conversion de plus de 10 millions de dollars de dette en capital et la sécurisation d'un portefeuille de propriété intellectuelle précieux comportant plus de 50 brevets. L'entreprise prévoit de retrouver la conformité auprès de la SEC d'ici le quatrième trimestre 2025 et vise une cotation sur le Nasdaq. Issue du Quantum Computing Lab de Harvard, Zapata Quantum reste un acteur majeur du logiciel quantique indépendant du matériel, avec des clients de renom tels que BP, BASF et BBVA.
Zapata Quantum (OTC: ZPTA), früher Zapata Computing Holdings, hat die erste Phase seines strategischen Restrukturierungsplans abgeschlossen und vollzieht damit einen bedeutenden Wandel für den Vorreiter der Quantencomputing-Software. Das Unternehmen hat erfolgreich 3 Millionen US-Dollar an wandelbarer Brückenfinanzierung von strategischen Investoren und Insidern eingeworben, mit wandelbaren Schuldverschreibungen zu 0,04 USD je Aktie und 10% Jahreszins.
Zu den wichtigsten Erfolgen zählen die Rückzahlung von 1,1 Millionen US-Dollar an vorrangigen besicherten Schulden, die Umwandlung von mehr als 10 Millionen US-Dollar an Schulden in Eigenkapital sowie der Schutz seines wertvollen geistigen Eigentums mit über 50 Patenten. Das Unternehmen plant, bis Q4 2025 die SEC-Compliance wiederherzustellen und strebt ein Listing an der Nasdaq an. Gegründet aus dem Quantum Computing Lab der Harvard University, bleibt Zapata Quantum ein führendes, hardware-agnostisches Quantensoftware-Unternehmen mit namhaften Kunden wie BP, BASF und BBVA.
- Secured $3 million in convertible bridge financing from strategic investors
- Converted over $10 million of debt to equity, strengthening balance sheet
- Protected valuable IP portfolio of 50+ patents
- Reduced senior secured debt by $1.1 million
- Positioned for potential Nasdaq uplisting
- Maintains strategic partnerships with major clients like BP, BASF, and BBVA
- Currently trading on OTC markets after losing major exchange listing
- Not current with SEC filings, requiring compliance catch-up
- Significant remaining debt with 10% annual interest rate on new financing
- Low conversion price of $0.04 per share indicates potential dilution
Insights
Zapata's restructuring reduces debt burden, secures IP assets, and positions for growth, though facing continued financial challenges.
Zapata Quantum has completed the first phase of a strategic restructuring that significantly improves its financial foundation. The
The repayment of
Several red flags remain: the company is not current in SEC filings (targeting Q4 2025 for compliance), trades on the OTC market (planning to uplist), and appears to be in early stages of rebuilding operations. The rebranding signals a strategic pivot to focus on quantum application development as the sector approaches commercial viability.
What's most telling is that the company characterizes this as just the "first phase" of restructuring - indicating there's significant work ahead. The participation of "high-quality institutional investors" provides external validation, though specific investor names are notably absent. The company's partnership history with DARPA and commercial clients (BP, BASF, BBVA) offers credibility for its technical capabilities in the emerging quantum software market.
- Completes
$3 million convertible bridge financing including high quality strategic investors as well as insider participation - Pays down half of outstanding senior secured debt and converts over
$10 million of debt to equity - Secures industry-leading quantum computing IP portfolio developed over seven years as a leader in the space
- Rebrands as Zapata Quantum to reflect focus on quantum application development growth phase
BOSTON, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) (OTC: ZPTA) (“Zapata” or “Zapata Quantum”), a pioneer in quantum computing application and algorithm development, today announced significant progress on its restructuring plan, with milestones accomplished to date including the completion of a
“The successful completion of this first phase of our restructuring plan is a significant milestone and establishes a foundation to allow us to begin executing on our strategic growth initiatives. The completed financing strengthens our capital structure, protects our core intellectual property, and aligns our stakeholders as we enter our growth-ready stage,” said Sumit Kapur, Chief Executive Officer of Zapata Quantum. “It’s a clear vote of confidence in our strategy from high-quality investors, a number of which are highly respected investors known for their successful investments in the quantum computing sector, and who clearly appreciate the scale of the opportunity to continue our legacy as a leading pure-play hardware-agnostic quantum computing software company.”
Completes Convertible Bridge Financing
In June 2025, the company raised a total of
Strengthens Balance Sheet and Unlocks Path to Growth
The financing as well as
Enters Growth-Ready Stage with Leading IP
Zapata Quantum was founded out of Harvard's Quantum Computing Lab more than 7 years ago and as such prioritizes the development of scientific progress and related IP. Today the company has over 50+ related patents and is the only company to have participated across all technical areas of the U.S. Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking (QB) program. This multi-year collaboration produced unique experience, methods and tooling to define a clear path from today’s systems to future fault-tolerant quantum computers capable of delivering extraordinary and measurable economic value.
“Quantum computing is approaching a tipping point where practical, economically valuable applications will emerge,” said Mr. Kapur. “The speed and cost of application development in the quantum ecosystem is still a major gap for industries being able to bring those applications to market. With our unmatched IP portfolio, leadership role in DARPA’s Quantum Benchmarking program and commercial experience with customers such as BP, BASF, and BBVA we are positioned to fill that gap."
Rebrands to Zapata Quantum
In connection with these milestones, the company has rebranded to Zapata Quantum, underscoring its position as the leading hardware-agnostic pure-play software company in the quantum space. Zapata's platform is relevant to a broad range of high-value intractable problems including cryptography, pharmaceuticals, manufacturing, materials discovery, and defense. The name change from Zapata Computing to Zapata Quantum reflects the company’s approach enabling enterprises to future-proof their computational strategies while bridging the capabilities of classical and quantum systems.
About Zapata Quantum
Zapata Quantum is a leading hardware-agnostic pure-play software company in the quantum space, delivering solutions that bridge the gap between classical and quantum computing. With a portfolio of over 50 patents developed over seven years, Zapata’s platform supports a wide range of applications in cryptography, pharmaceuticals, manufacturing, materials discovery, and defense. The company is the only participant across all technical areas of DARPA’s Quantum Benchmarking program and works with Fortune 500 enterprises and government agencies to unlock the potential of quantum computing.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s growth prospects and potential future success, the company’s prospects and ability to achieve various milestones, and the company’s ability to become compliant in its SEC filings and become an exchange-listed company within the specified timeframe. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, our need for additional capital to re-establish material operations and meet future goals and milestone targets which we may be unable to obtain on favorable terms, within the time required or at all, the state of the U.S. economy, inflation and interest rates, the future of U.S. tariff policy, our ability to attract and retain key personnel, our ability to maintain and protect intellectual property rights, our ability to comply with regulatory requirements including the rules and regulations of the Securities and Exchange Commission and a national securities exchange as needed to meet the initial listing standards of a national securities exchange, the risk that software and technology infrastructure on which we depend fail to perform as designed or intended, the possibility that competitors may develop or access technology with similar or superior capabilities to our technology offerings, and the Risk Factors contained in our Prospectus Supplement on Form 424(b)(3) filed with the Securities and Exchange Commission on September 12, 2024. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Investor Relations Contact:
Richard Land
investors@zapataquantum.com
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