1. Zapata Quantum is current in SEC reporting, enhancing investor transparency. 2. The company's shares moved to OTC Pink Limited Market, improving trading access. 3. Zapata's restructuring includes over $10 million in converted liabilities to equity. 4. The company aims for a return to a national securities exchange like Nasdaq. 5. Zapata focuses on quantum software, independent of hardware advancements.
FAQ
Why Bullish?
ZPTA's move to the OTC Pink Limited Market will potentially increase liquidity. Historical examples show similar moves correlate with price increases due to better market exposure.
How important is it?
The article outlines critical updates on restructuring and trading status, impacting ZPTA's market perception significantly.
Why Long Term?
Long-term growth is expected as Zapata strengthens its market position and expands its offerings. Historical data indicates that companies improving SEC compliance typically see sustained price gains.
Zapata Quantum Achieves Current SEC Reporting Status, Enhances Trading Opportunities
BOSTON, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) (OTC: ZPTA), a leader in quantum computing application development, has successfully filed its historical Form 10-K and 10-Qs with the Securities and Exchange Commission (SEC). This achievement marks a critical milestone in the Company’s ongoing restructuring efforts, allowing its shares to transition from the OTC Expert Market to the OTC Pink Limited Market. This change enhances trading availability and is a step towards Zapata's aim to return to a national securities exchange, such as Nasdaq.
Significance of SEC Reporting Compliance
Sumit Kapur, Chief Executive Officer of Zapata Quantum, emphasized the importance of remaining a public company throughout the restructuring process. "Being public, when done efficiently, provides meaningful advantages, including transparency, liquidity, and long-term access to capital," stated Kapur. He also highlighted efforts to ensure that previous shareholders retain the opportunity for future gains while safeguarding Zapata's critical intellectual property, which is essential to its quantum software strategy.
Unique Positioning in Quantum Software Market
Zapata is recognized as the only publicly traded, pure-play, hardware-agnostic quantum software company. While many public companies focus on quantum hardware or full-stack platforms, Zapata delivers public-market exposure specifically to the software layer, independent of any single hardware success. Clark Golestani, Chairman of the Board, reiterated the importance of software, stating, “Enduring value is often created and captured in software. We believe quantum computing will follow a similar trajectory.”
Debt Restructuring and Future Expansion Plans
The latest Form 10-Q for the period ending September 30, 2025, reflects only a portion of the completed debt restructuring. In Q4 of 2025, Zapata restructured over $10 million of additional liabilities, primarily converting them to equity. These operations were disclosed in Form 8-Ks filed with the SEC and will be included in future filings.
With SEC reporting now current, Zapata Quantum intends to file a Form 15c2-11 and apply for OTCQB status. This will further enhance its trading status, improving transparency and liquidity for investors. The governance structure of the Company aligns with many of the requirements of national securities exchanges like Nasdaq, reinforcing its commitment to return to a national securities exchange.
Outlook and Strategy Going Forward
Kapur concluded, “We’re making strong progress and have a well-differentiated strategy that aligns with the evolution of the quantum computing market. Our focus now is on disciplined execution.”
About Zapata Quantum
Zapata Quantum is a leading, hardware-agnostic pure-play software enterprise in quantum computing that accelerates application development. The Company has developed over 60 patents related to its offerings. Its technologies cater to a range of fields, including cryptography, pharmaceuticals, finance, materials discovery, and defense. Zapata is unique as it has participated in all technical areas of DARPA’s Quantum Benchmarking program and collaborates with Fortune 500 companies and government agencies to harness the potential of quantum computing. For more information, visit zapataquantum.com.
Forward-Looking Statements
This article contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated. Investors are advised to review the risks discussed in Zapata's forthcoming filings, including its Annual Report on Form 10-K for the year ended December 31, 2024. Forward-looking statements should not be relied upon as definitive indicators of future performance.