This page provides access to the SEC filings of Zapata Quantum, Inc. (ZPTA), offering detailed insight into the company’s capital structure, governance, and strategic restructuring. As a publicly traded, hardware‑agnostic quantum software and enterprise AI company, Zapata uses filings such as Forms 10‑K, 10‑Q, and 8‑K to disclose information about its operations, financings, and material events.
For Zapata, current and historical 10‑K and 10‑Q reports are central resources for understanding its business description, risk factors, quantum and AI software focus, and the role of its patent portfolio. These periodic reports also summarize participation in programs like DARPA’s Quantum Benchmarking initiative and describe how the company positions its Orquestra platform and quantum‑inspired models for enterprise and government customers.
The company’s 8‑K filings are especially important given its recent restructuring. They document secured convertible promissory notes, warrants, conversion agreements that exchange liabilities for equity, security and intercreditor agreements, and other transactions that affect shareholders and creditors. Items in these filings explain how Zapata has raised capital, restructured debt, and preserved its intellectual property and strategic assets.
Investors tracking ownership and insider activity can use this page to locate filings that disclose equity awards and grants to key individuals, as reflected in specific 8‑K items. Over time, related forms such as Form 4, when available, can provide additional detail on insider transactions.
Stock Titan enhances these documents with AI-powered summaries that highlight key terms, structural changes, and notable disclosures, helping readers quickly interpret complex agreements and capital arrangements. Real‑time updates from EDGAR ensure that new Zapata Quantum filings appear promptly, while AI analysis helps users identify how each filing relates to the company’s quantum software strategy, IP portfolio, and ongoing efforts to maintain SEC compliance and pursue a return to a national securities exchange.
Zapata Quantum, Inc. reported first-quarter 2026 results showing no revenue and a net loss of $1.3 million, similar to prior periods as the company rebuilds operations. Cash was $642 thousand at March 31, with a stockholders’ deficit of $9.4 million.
After quarter-end, Zapata raised $15 million in gross proceeds by issuing Series D preferred stock and warrants, receiving net cash of $13.8 million. Management now expects existing cash to fund the current operating plan for at least twelve months, though the company still carries high-interest debt and continues to generate operating losses with no current revenue.
Zapata Quantum, Inc. director and executive officer Sumit Kapur reports his updated ownership in the company. He directly holds 32,500,000 shares of common stock. He also holds stock options over 6,600,000 shares at exercise prices of $0.08 and $1.23 per share, plus warrants and a convertible note each convertible into additional common shares.
Zapata Quantum, Inc. director Golestani Clark filed an amended initial ownership report listing a substantial equity position in the company. The filing shows direct ownership of 32,626,288 shares of Common Stock.
Clark also holds a range of equity-linked awards. These include stock options covering 1,000,000 shares at an exercise price of $0.08 per share expiring on October 9, 2030, and warrants for 1,250,000 shares at $0.04 per share expiring on June 12, 2030. A convertible promissory note for $100,000 is convertible into 2,500,000 shares at $0.04 per share until June 12, 2026.
The filing also reports 75,000 restricted stock units that convert into common stock on a one-for-one basis, plus additional stock options for 68,558 shares at $3.80 expiring on July 31, 2033 and 34,279 shares at $2.02 expiring on February 4, 2031. Footnotes describe various vesting schedules for restricted stock, RSUs, and options, including 32,500,000 shares of restricted stock vesting in equal monthly installments over two years. The report reflects holdings only and does not show new purchases or sales.
Zapata Quantum, Inc. director William E. Klitgaard filed an amended Form 3 detailing his equity holdings. He reports direct ownership of 176,348 shares of common stock and 34,279 stock options with a $3.80 exercise price expiring in 2033.
Through the William E. Klitgaard Trust, he indirectly holds warrants and a convertible promissory note, each convertible into 1,250,000 and 2,500,000 common shares respectively at a $0.04 conversion price. Footnotes state the notes bear 10% annual interest, mature one year from issuance, and automatically convert if the company completes a securities offering with at least $5 million in gross proceeds. The notes and warrants were purchased together for $100,000, and the warrants may be exercised cashlessly when no effective resale registration statement is available.
Zapata Quantum, Inc. insider Sumit Kapur filed an amended Schedule 13D reporting beneficial ownership of 37,595,833 shares, or 21.2% of the company’s common stock as of March 23, 2026.
The amendment notes Zapata’s recent voluntary registration of its common stock under Section 12(g), making it a mandatory reporting company that files periodic SEC reports. Kapur, the company’s Chief Executive Officer, Chief Financial Officer and a director, holds 32,500,000 restricted shares plus additional stock options, warrants and a convertible note. He states that he acquired these securities with the purpose of exercising control and has sole voting and dispositive power over his holdings.
Clark Golestani filed Amendment No. 2 to his Schedule 13D for Zapata Quantum, Inc. after the company voluntarily registered its common stock under Section 12(g) and became a mandatory reporting company. He beneficially owns 36,820,792 shares, or 20.9% of the 172,293,506 shares outstanding as of March 23, 2026.
His holdings include 32,500,000 restricted shares vesting over two years, additional common shares, multiple stock option grants with exercise prices between $0.08 and $3.80 per share, a convertible promissory note convertible at $0.04 per share, and a warrant exercisable at $0.04 per share. He states he acquired these securities with the purpose of exercising control as a director.
Zapata Quantum completed an oversubscribed $15 million strategic financing led by venture firm Triatomic Capital, with other strategic investors participating. The raise caps a year-long restructuring effort and is described as the final milestone in that process.
The company plans to use the new capital to scale its hardware-agnostic quantum software platform and expand its science, engineering, product, and commercial teams. Zapata highlights more than 60 granted and pending patents and work across sectors such as cryptography, pharmaceuticals, finance, materials discovery, and defense. The press release also includes extensive forward-looking statements language outlining operational, competitive, macroeconomic, and geopolitical risks.
Zapata, Inc. reported that subsidiary Zapata Quantum, Inc. completed additional private financing on April 22 and 23, 2026. The company sold 4,565 shares of Series D Convertible Preferred Stock and Warrants to purchase 5,198,133 common shares for gross proceeds of $4,565,000, to be used for working capital and general corporate purposes.
These sales form part of a broader Series D offering of up to 15,000 preferred shares, convertible into 34,160,784 common shares, with Warrants for up to 17,080,392 common shares for total gross proceeds of up to $15,000,000. Following the April 23 closing, the maximum offering amount was reached and the offering terminated. Craig-Hallum Capital Group and Odeon Capital Group acted as placement agents, receiving Warrants equal to 2% of as-converted common shares and a 6% cash fee on gross proceeds. The transaction was conducted as an unregistered offering under Section 4(a)(2) and Rule 506(b).
Zapata Quantum, Inc. privately sold 3,750 shares of its Series D Convertible Preferred Stock with accompanying warrants for gross proceeds of $3,750,000 to accredited investors on April 9 and 14, 2026. The securities are part of a larger offering of up to 15,000 Series D shares and related warrants for potential total proceeds of $15,000,000. The Series D is convertible into common stock, and the warrants allow additional common share purchases, so the financing provides cash while increasing potential future share count. The company plans to use net proceeds for working capital and general corporate purposes.
Zapata, Inc. entered into a Securities Purchase Agreement to issue 6,685 shares of new Series D Convertible Preferred Stock and Warrants to buy 7,612,161 common shares, raising gross proceeds of $6,685,000. The full offering allows up to 15,000 Series D shares, convertible into 34,160,784 common shares, plus Warrants for up to 17,080,392 shares, for total potential gross proceeds of $15,000,000.
Series D carries an 8% annual dividend payable in common stock, conversion at an initial price of $0.4391 per share, voting on an as-converted basis, and priority over all other capital stock for dividends and liquidation. Conversions and Warrant exercises are capped by 4.99% or 9.99% beneficial ownership limits selected by each holder. The Warrants have a seven-and-a-half-year term and an initial exercise price of $0.4391 per share, with partial cashless exercise features.
The financing triggered the automatic conversion of all 15,000 outstanding Series A Convertible Preferred shares into 15,000,000 common shares after the first closing exceeded $5,000,000 in gross proceeds. The company agreed to file a registration statement covering the Series D conversion shares and Warrant shares and granted placement agents cash fees and additional warrants tied to the Series D conversion shares.