Form 4: Zapata Computing Holdings Inc. Director Keyes James W. Reports Conversion of Class B Ordinary Shares to Common Stock

Sentiment:

SEC Form 4


Director Keyes James W. reports the conversion of 25,000 Class B Ordinary Shares into 25,000 shares of Common Stock following the closing of the business combination agreement.

Summary

  • On March 28, 2024, Keyes James W., a director of Zapata Computing Holdings Inc., reported a transaction involving the conversion of Class B Ordinary Shares into Common Stock.
  • The transaction involved the conversion of 25,000 Class B Ordinary Shares into 25,000 shares of Common Stock.
  • This conversion occurred automatically upon the closing of the transactions contemplated by the Business Combination Agreement, dated September 6, 2023.
  • The Class B Ordinary Shares were converted on a one-for-one basis into Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share conversion, which is a neutral event.

Industry Context

This filing is a routine disclosure related to the conversion of shares following a business combination, a common event in the life cycle of companies that go public through mergers or acquisitions.

Stakeholder Impact

  • The conversion of shares may have a minor impact on shareholders due to the change in the type of shares held by the reporting person.

Key Dates

DateDescription
2023-09-06Date of the Business Combination Agreement.
2024-03-28Date of the transaction (conversion of Class B Ordinary Shares to Common Stock).
2024-04-01Date of signature for the SEC Form 4 filing.

Keywords

Zapata Computing Holdings Inc., Keyes James W., Class B Ordinary Shares, Common Stock, Business Combination Agreement, Conversion, Director, ZPTA

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