Zapata Quantum, Inc. (ZPTA) Form 424B3 — Aug 14, 2026
Zapata Quantum filed a prospectus supplement registering the resale of 56,816,391 shares of common stock by selling stockholders, roughly 30% of the 187,328,921 shares outstanding as of August 3, 2026. The supplement updates the August 10, 2026 S-1 prospectus by incorporating the company's Q2 2026 Form 10-Q, filed the same day. The company receives no proceeds from these resales. The quarterly report shows a pre-revenue company: zero revenue for the three and six months ended June 30, 2026, a $3.1 million net loss for the half, and a $121.7 million accumulated deficit.
Key figures
- Eps
- -$0.01 basic and diluted (Q2 2026); -$0.02 (six months 2026)
- Revenue
- 0
- Net Income
- -$3.145 million for six months ended June 30, 2026 (-$1.835 million for Q2 2026); prior-year periods were profitable only due to $3.6 million of debt-extinguishment gains
- Total Debt
- $4.537 million principal ($1.430 million senior secured notes + $3.107 million convertible promissory notes, net)
- Total Assets
- $13.344 million
- Cash Position
- $12.771 million at June 30, 2026; $12.1 million as of August 4, 2026
- Interest Rate
- 15% compound (senior secured notes); 10% simple / ~17.70% effective post-amendment (convertible promissory notes)
- Maturity Date
- December 15, 2026 (senior secured notes); June 2027 (convertible promissory notes, as amended)
- Gross Proceeds
- $15.0 million gross / $13.838 million net (April 2026 Series D preferred + warrants offering)
- Shares Outstanding
- 187328921
- Material weaknesses
- 4
- Warrants outstanding
- 85063587
- Series d warrant shares
- 17080392
- Leakout agreement shares
- 309000000
- Resale shares registered
- 56816391
- Stock options outstanding
- 50843036
- Series d conversion shares
- 34160784
- Anti dilutive potential shares
- 258890188
- Convertible notes conversion price
- $0.04 per share
- Warrant weighted avg exercise price
- $3.50
- Senior secured notes conversion price
- $8.50 per share
- Resale shares pct of shares outstanding
- ~30%
- Series d minimum liquidation preference
- $16.75 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.