Zapata Quantum, Inc.

Zapata Quantum, a leader in quantum computing algorithm and application development, announced a partnership with QuEra, a neutral-atom quantum computing leader. The collaboration aims to advance the commercial viability of quantum applications by combining QuEra's hardware roadmap with Zapata's application intelligence. This partnership is part of QuEra's Quantum Alliance Program and aligns with Zapata's strategy of working with technology leaders across the quantum and AI ecosystems.

Zapata Quantum, Inc. has entered into an Exclusive Broker-Dealer and Leak-Out Management Agreement with Chardan Capital Markets LLC. This agreement appoints Chardan as the exclusive broker-dealer to manage the potential sales of Restricted Shares held by certain stockholders, which are subject to previously disclosed Universal Resale and Registration provisions. The agreement outlines a commission structure, starting at 4% of gross sale proceeds and reducing to 3% after $200,000 in aggregate commissions, and includes a provision for a minimum payment to the broker-dealer upon termination.

Zapata Quantum, Inc.'s CEO, Sumit Kapur, presented at the Global Technology Virtual Investor Conference, furnishing a comprehensive investor presentation. The presentation highlighted the company's status as the sole US-based publicly traded quantum software company, its foundational intellectual property with over 60 patents, and its platform designed to unlock quantum's potential. The company also announced the completion of a restructuring, which included over $20 million in debt being restructured, and outlined significant market opportunities and future growth catalysts.

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.

Zapata Quantum's CEO, Sumit Kapur, will present at the Global Technology Virtual Investor Conference on July 9, 2026. He will discuss recent company highlights, including a collaboration with NVIDIA to apply AI for quantum algorithm development and groundbreaking quantum-enabled drug discovery research recognized by Nature Biotechnology. The company also completed a successful restructuring and a $15 million fundraise led by Triatomic Capital, alongside expanding its leadership team.

Zapata Quantum, Inc. (ZPTA) has filed an S-1 registration statement detailing the potential sale of over 56 million shares of Common Stock by selling stockholders. The company has temporarily suspended operations due to capital constraints and is actively engaged in debt restructuring and capital raising efforts. Significant outstanding debt includes $4.0 million in secured notes, with convertible features and warrants attached, and a history of operating losses raises substantial doubt about its ability to continue as a going concern. The company's assets are pledged, and a default could result in foreclosure.

Zapata Quantum, Inc. reported a net loss of $1.31 million for the three months ended March 31, 2026, an increase from $0.77 million in the prior year, with cash used in operations totaling $0.999 million. The company's cash balance stood at $0.642 million as of March 31, 2026, and it had a stockholders' deficit of $9.357 million. Subsequent to the quarter, in April 2026, the company successfully raised $15 million in gross proceeds through the sale of Series D preferred stock and warrants, which management expects will fund operations for at least the next twelve months.

Zapata Quantum, Inc. announced the completion of an oversubscribed $15 million strategic financing round on April 23, 2026. The funding was led by Triatomic Capital with participation from other strategic investors. This capital raise concludes a successful year-long restructuring effort and is intended to accelerate the company's growth by scaling its platform and team in quantum computing application and algorithm development.

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.

Zapata Quantum, Inc. completed a portion of its unregistered equity offering on April 9 and 14, 2026. The company sold 3,750 shares of Series D Convertible Preferred Stock and warrants to purchase 4,270,098 shares of common stock, raising gross proceeds of $3,750,000. These funds are intended for working capital and general corporate purposes. This transaction is part of a broader offering to raise up to $15,000,000 through the sale of up to 15,000 Series D shares and associated warrants.