InvestmentApr 24, 2026, 09:06 AM
Zapata Quantum Raises $4.565M in Unregistered Stock & Warrant Sale
AI Summary
Zapata Quantum, Inc. completed an unregistered offering on April 22 and 23, 2026, selling 4,565 shares of Series D Convertible Preferred Stock and Warrants to purchase 5,198,133 shares of common stock. The offering generated gross proceeds of $4,565,000, which the company intends to use for working capital and general corporate purposes. This sale concluded the offering, reaching its maximum target of $15,000,000.
Key Highlights
- Zapata Quantum sold 4,565 shares of Series D Convertible Preferred Stock.
- The company issued Warrants to purchase 5,198,133 shares of common stock.
- Gross proceeds from the offering totaled $4,565,000.
- The offering reached its maximum amount of $15,000,000 and has terminated.
- Placement agents received 6% cash fee and warrants for 2% of common stock.
Price Impact
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