Welcome to our dedicated page for Zapata Quantum SEC filings (Ticker: ZPTA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to the SEC filings of Zapata Quantum, Inc. (ZPTA), offering detailed insight into the company’s capital structure, governance, and strategic restructuring. As a publicly traded, hardware‑agnostic quantum software and enterprise AI company, Zapata uses filings such as Forms 10‑K, 10‑Q, and 8‑K to disclose information about its operations, financings, and material events.
For Zapata, current and historical 10‑K and 10‑Q reports are central resources for understanding its business description, risk factors, quantum and AI software focus, and the role of its patent portfolio. These periodic reports also summarize participation in programs like DARPA’s Quantum Benchmarking initiative and describe how the company positions its Orquestra platform and quantum‑inspired models for enterprise and government customers.
The company’s 8‑K filings are especially important given its recent restructuring. They document secured convertible promissory notes, warrants, conversion agreements that exchange liabilities for equity, security and intercreditor agreements, and other transactions that affect shareholders and creditors. Items in these filings explain how Zapata has raised capital, restructured debt, and preserved its intellectual property and strategic assets.
Investors tracking ownership and insider activity can use this page to locate filings that disclose equity awards and grants to key individuals, as reflected in specific 8‑K items. Over time, related forms such as Form 4, when available, can provide additional detail on insider transactions.
Stock Titan enhances these documents with AI-powered summaries that highlight key terms, structural changes, and notable disclosures, helping readers quickly interpret complex agreements and capital arrangements. Real‑time updates from EDGAR ensure that new Zapata Quantum filings appear promptly, while AI analysis helps users identify how each filing relates to the company’s quantum software strategy, IP portfolio, and ongoing efforts to maintain SEC compliance and pursue a return to a national securities exchange.
Form 8-K Event: On June 13, 2025, Zapata Computing Holdings, Inc. (ZPTA) disclosed a new compensatory arrangement under Item 5.02.
The Board granted 32,500,000 restricted common shares to each of the two key insiders—Chief Executive Officer Sumit Kapur and sole director Clark Golestani. The awards vest in equal monthly installments over two years starting on the grant date. If Kapur is terminated other than for cause, or if Golestani is not re-elected, all unvested shares immediately vest.
No other material transactions, financial results, or departures were reported. Exhibit 104 provides the cover-page Inline XBRL data.
Zapata Computing Holdings, Inc. (ZPTA) filed an 8-K announcing a multi-part balance-sheet restructuring designed to inject new cash, reduce secured debt and convert a large portion of trade liabilities into equity.
1. New capital raise: On 12 Jun 2025 the company issued $2.65 million of 10% secured convertible promissory notes (maturity: one year) and five-year warrants. The notes are convertible into 66.25 million common shares at $0.04 per share and automatically convert if Zapata completes an equity deal raising ≥ $5 million. Investors also received warrants for 33.125 million shares at the same $0.04 exercise price. The purchase agreement allows the company to sell up to $3 million of notes and warrants in total.
2. Debt repayment & intercreditor arrangements: Approximately $1.343 million of the proceeds was used to repay a February 2024 senior note that carried a 15% coupon and was due December 2026; that obligation is now satisfied. The new notes and all company assets are pledged under a fresh Security Agreement, and priority among lenders is governed by a new Intercreditor Agreement.
3. Waiver from existing secured lender: A Consent Agreement with one of the existing secured lenders waived any default under its $1 million senior secured note in return for 34 million new common shares.
4. Conversion of payables: Between 12–18 Jun 2025 the company entered into Conversion Agreements converting $10.1 million of accounts payable and other liabilities into 27.33 million shares. Management’s restructuring plan contemplates converting up to ~$17 million of additional liabilities into equity or convertible preferred, implying another potential 18.67 million shares (or preferred stock) still to come.
5. Lock-up & registration terms: All equity recipients entered into Universal Resale & Registration Provisions that lock up the shares for 12 months after the first resale registration becomes effective. Only 10% of each holder’s position can be sold in the first 90 days post-effectiveness and 25% in each subsequent 90-day period, with an overall 10% daily volume cap.
6. Dilution implications: If all instruments issued to date were converted or exercised, the transaction would add roughly 160 million shares (66.25 m note conversion + 33.125 m warrants + 34 m waiver shares + 27.33 m converted payables) to the float, before any additional shares tied to the remaining $6.9 million targeted in the payable-conversion program.
Net take-away: Zapata improves near-term liquidity, eliminates a high-interest secured note, and converts substantial trade debt. However, the structure introduces a 10% secured note due in one year and creates the possibility of material equity dilution that could pressure future share price performance once lock-ups expire.