Zapata Quantum Inc. has announced the issuance of 9,479,000 shares of common stock to a creditor as part of a conversion agreement. This transaction was executed in exchange for the cancellation of approximately $3.5 million in net liabilities. The shares were issued as an unregistered sale of equity securities, relying on exemptions under Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b). As part of the agreement, the creditor is subject to certain lock-up provisions and has been granted registration rights for the newly issued shares.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zapata Quantum Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-001842), on December 10, 2025, and is solely responsible for the information contained therein.
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