BRIEF-Zapata Computing Holdings Approved Termination Of All Of Co’S Employees, Except For A Small Number Of Employees To Be Retained For A Short Period

Reuters10-12

* ZAPATA COMPUTING HOLDINGS: APPROVED TERMINATION OF ALL OF CO’S EMPLOYEES, EXCEPT FOR A SMALL NUMBER OF EMPLOYEES TO BE RETAINED FOR A SHORT PERIOD

* ZAPATA COMPUTING HOLDINGS: CHRISTOPHER SAVOIE RESIGNED AS PRESIDENT & CHIEF EXECUTIVE OFFICER OF CO

* ZAPATA COMPUTING HOLDINGS: BOARD HAS APPOINTED SUMIT KAPUR, CO’S CFO, TO SERVE AS CHIEF EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY

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