Zapata Quantum Registers 56.8M Shares for Resale; Details Recent Financings
Zapata Quantum, Inc. filed an S-1 registration statement for the resale of up to 56,816,391 shares of Common Stock by existing selling stockholders. These shares originate from conversions of Series C and D Convertible Preferred Stock and the exercise of 2026 Warrants and Financing Activity Warrants. The company will not receive proceeds from the stock sales but will receive proceeds from warrant exercises. The filing details the company's recent financial struggles, including a temporary suspension of operations in 2024, subsequent debt restructuring, and capital raising efforts in 2025 and 2026, including a $15 million gross proceeds Series D financing in April 2026. The company has since resumed active operations and expects existing cash to fund operations for at least 12 months.
Key Highlights
- S-1 filed to register up to 56,816,391 Common Stock shares for resale by selling stockholders.
- Shares derived from Series C/D Preferred Stock conversions and 2026 Warrants exercises.
- Company will not receive proceeds from stock sales, only from cash exercise of Warrants.
- Reported $1.3 million net loss and $1.0 million cash used in operations for Q1 2026.
- Raised $15 million gross proceeds in April 2026 from Series D Preferred Stock and Warrants.
- Common Stock trades on OTCQB under ZPTA, last price $1.03 on July 8, 2026.
- Resumed active operations after 2024 suspension, debt restructuring, and capital raises.
- Existing cash expected to fund operations for at least 12 months.
Price Impact
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