Form 4: Andretti Sponsor LLC Distributes Zapata Computing Holdings Stock and Warrants to Members

Andretti Sponsor LLC distributed its holdings of Zapata Computing Holdings Inc. common stock and warrants to its members on July 18, 2024.

Summary

• On July 18, 2024, Andretti Sponsor LLC distributed 3,536,863 shares of Zapata Computing Holdings Inc. common stock to its members.
• The distribution was pro rata and for no consideration.
• Andretti Sponsor LLC also distributed 10,100,000 warrants to purchase common stock to its members on the same date.
• The warrants have an exercise price of $11.50 and expire on March 28, 2029.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a distribution of shares and warrants. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

This filing indicates a change in ownership structure for Zapata Computing Holdings Inc., as a significant shareholder, Andretti Sponsor LLC, distributes its holdings. This type of event can sometimes lead to increased trading volume and price volatility as the new shareholders adjust their positions.

Stakeholder Impact

• The distribution of shares and warrants may impact the shareholder base of Zapata Computing Holdings Inc.

Key Dates

Keywords

Zapata Computing Holdings Inc., Andretti Sponsor LLC, stock distribution, warrants, common stock, ZPTA