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

Director John J. Romanelli reports the automatic conversion of 25,000 Class B Ordinary Shares to Common Stock in Zapata Computing Holdings Inc. on March 28, 2024, following the closing of the business combination agreement.

Summary

• On March 28, 2024, John J. Romanelli, a director of Zapata Computing Holdings Inc., reported a transaction involving the company's stock.
• The transaction involved the automatic conversion of 25,000 Class B Ordinary Shares into 25,000 shares of Common Stock.
• This conversion occurred as a result of the closing of 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, indicating a neutral sentiment.

Industry Context

This announcement reflects standard reporting procedures for corporate insiders following significant corporate events like business combinations that trigger changes in share ownership structure.

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, but it does not fundamentally alter the overall ownership structure or value.

Key Dates

Keywords

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