Monitor for significant shareholder dilution as the preferred stock converts to common and warrants are exercised. The termination of the offering at maximum size suggests urgent capital needs being addressed through substantial equity issuance, which could pressure the stock if fundamentals don't improve.
Price Chart
Executive Summary
Zapata Quantum raised $4.565 million through an unregistered offering of 4,565 shares of Series D Convertible Preferred Stock and warrants to purchase 5.198 million common shares. The offering has now reached its maximum size of $15 million and terminated.
Key Financial Metrics
Key Facts
- Raised $4.565 million in unregistered equity financing
- Issued 4,565 shares of Series D Convertible Preferred Stock and warrants for 5.198 million common shares
- Offering part of a larger $15 million capital raise that has now been fully subscribed
- Proceeds to be used for working capital and general corporate purposes
- Placement agents received 6% cash fee and warrants equal to 2% of common shares issuable upon conversion
Financial Impact
$4.565 million in gross proceeds with significant dilution from preferred stock and warrants
Risk Factors
- Significant dilution to existing shareholders from both the preferred stock conversion and warrant exercise
- Potential for down-round pricing if the company needs to raise additional capital after exhausting this $15 million limit
- Use of proceeds for working capital rather than growth initiatives suggests potential cash flow challenges
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001079973-26-000530 |
| Document: 0001079973-26-000530-index-headers.html | 0001079973-26-000530 |
| Document: 0001079973-26-000530-index.html | 0001079973-26-000530 |
| Document: 0001079973-26-000530.txt | 0001079973-26-000530 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 5, 2026 20w ago | S-1 | $0.2200 | awaiting T+5 | — | — |
May 7, 2026 24w ago | 3/A | — | awaiting T+5 | — | — |
Apr 24, 2026 26w ago | 8-K | $0.1550 $0.2000 | ▲ +29.03% | ▲ +27.92% | — |
Apr 24, 2026 26w ago | 8-K | $0.1550 $0.2000 | ▼ −29.03% | ▼ −27.92% | — |
Apr 15, 2026 27w ago | 8-K | — | awaiting T+5 | — | — |
Apr 8, 2026 28w ago | 8-K | — | awaiting T+5 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers