Zapata Computing Holdings Inc. Files S-1 Registration Statement

TL;DR

<b>Zapata Computing Holdings Inc. has filed an S-1 registration statement, providing an update on its business and financial information.</b>

AI Summary

Zapata Computing Holdings Inc. (ZPTAW) filed a IPO Registration (S-1) with the SEC on April 12, 2024. Zapata Computing Holdings Inc. (formerly Andretti Acquisition Corp.) filed an S-1 registration statement on April 12, 2024. The filing pertains to the company's business operations and financial status. The company was incorporated in Delaware with its fiscal year ending December 31. Zapata Computing Holdings Inc. is classified under SIC code 7372 for Prepackaged Software. The company's business address is located at 100 Federal Street, Floor 20, Boston, MA.

Why It Matters

For investors and stakeholders tracking Zapata Computing Holdings Inc., this filing contains several important signals. This S-1 filing is a crucial step for Zapata Computing Holdings Inc. as it signals their intent to potentially offer securities to the public or undergo significant corporate actions. Investors and analysts can use this document to assess the company's financial health, business strategy, and associated risks before making investment decisions.

Risk Assessment

Risk Level: medium — Zapata Computing Holdings Inc. shows moderate risk based on this filing. The company's S-1 filing indicates it is a relatively new entity with limited historical financial data provided in this excerpt, suggesting potential uncertainties in its long-term viability and growth prospects.

Analyst Insight

Monitor Zapata Computing Holdings Inc. for further filings and market developments following this S-1 registration.

Key Numbers

• 750,000 — Class B ordinary shares (Subject to forfeiture depending on underwriter over-allotment option exercise.)
• 1,437,500 — Founder Shares (Surrendered by Sponsor on November 17, 2021.)
• 5,620,000 — Founder Shares (Held by Sponsor after surrender.)
• 2021-11-17 — Date (Sponsor surrendered Founder Shares.)
• 2022-01-22 — Date (Underwriters fully exercised over-allotment option.)
• 2023-12-31 — Fiscal Year End (Most recent fiscal year end mentioned.)
• 2022-12-31 — Fiscal Year End (Previous fiscal year end mentioned.)
• 2020-08-31 — Date (Fiscal year end mentioned.)

Key Players & Entities

• Zapata Computing Holdings Inc. (company) — Filer name
• Andretti Acquisition Corp. (company) — Former company name
• 0001843714 (company) — Central Index Key
• 7372 (category) — Standard Industrial Classification
• 100 Federal Street, Floor 20, Boston, MA (location) — Business address
• 2024-04-12 (date) — Filing date
• 333-278670 (document_id) — SEC File Number
• 24842423 (document_id) — Film Number

FAQ

Key Dates

• 2024-04-12: S-1 Filing — Public disclosure of company information and registration statement.
• 2021-02-01: Name Change — Zapata Computing Holdings Inc. formerly known as Andretti Acquisition Corp.
• 2021-11-17: Sponsor Share Surrender — Sponsor surrendered 1,437,500 Founder Shares.
• 2022-01-22: Underwriter Option Exercise — Underwriters fully exercised over-allotment option.

Key Financial Figures

• $0.0001 — 0,000 shares of Common Stock, par value $0.0001 per share (the "Common Stock"), by the
• $2.37 — hase Agreement at an effective price of $2.37 per share. We may receive gross proceed
• $75,000,000 — We may receive gross proceeds of up to $75,000,000 from the sale of Common Stock to Lincol
• $0.50 — n Stock is less than the floor price of $0.50 (the "Floor Price"). While the Purchase
• $11.50 — Warrants that have an exercise price of $11.50 per share. The number of shares of Comm
• $2.50 — ommon Stock, as reported by Nasdaq, was $2.50 per share, and the last reported sales
• $0.1492 — les price of the Warrants on Nasdaq was $0.1492 per warrant. We are an "emerging grow

Filing Documents

• d795295ds1.htm (S-1) — 3228KB
• d795295dex51.htm (EX-5.1) — 11KB
• d795295dex231.htm (EX-23.1) — 2KB
• d795295dex232.htm (EX-23.2) — 1KB
• d795295dexfilingfees.htm (EX-FILING FEES) — 21KB
• g795295g01n07.jpg (GRAPHIC) — 106KB
• g795295g01n08.jpg (GRAPHIC) — 114KB
• g795295g01n09.jpg (GRAPHIC) — 652KB
• g795295g39y25.jpg (GRAPHIC) — 188KB
• g795295g94d76.jpg (GRAPHIC) — 10KB
• g795295g97f63.jpg (GRAPHIC) — 49KB
• 0001193125-24-094887.txt (&nbsp;) — 15358KB
• zpta-20231231.xsd (EX-101.SCH) — 112KB
• zpta-20231231_cal.xml (EX-101.CAL) — 52KB
• zpta-20231231_def.xml (EX-101.DEF) — 596KB
• zpta-20231231_lab.xml (EX-101.LAB) — 727KB
• zpta-20231231_pre.xml (EX-101.PRE) — 703KB
• d795295ds1_htm.xml (XML) — 1553KB

USE OF PROCEEDS

USE OF PROCEEDS 58

DILUTION

DILUTION 59 MARKET PRICE AND DIVIDEND INFORMATION 61 UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION 62

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 81

BUSINESS

BUSINESS 98 MANAGEMENT 114

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 122 DIRECTOR COMPENSATION 134

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 136 SECURITIES ACT RESTRICTIONS ON RESALE OF COMMON STOCK 147 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 148

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 158 SELLING STOCKHOLDER 160 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS 162 PLAN OF DISTRIBUTION 167 LINCOLN PARK TRANSACTION 169 LEGAL MATTERS 175 EXPERTS 175 CHANGE IN INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 176 WHERE YOU CAN FIND MORE INFORMATION 177 INDEX TO FINANCIAL STATEMENTS F-1 i Table of Contents ABOUT THIS PROSPECTUS This Prospectus is part of a registration statement on Form S-1 that we filed with the SEC. The Selling Stockholder may offer, sell or distribute all or a portion of the Common Stock hereby registered publicly or through private transactions at prevailing market prices or at negotiated prices, from time to time in one or more offerings as described in this prospectus. We will not receive any of the proceeds from such sales of the Common Stock. We will bear all costs, expenses and fees in connection with the registration of these securities, including with regard to compliance with state securities or "blue sky" laws. The Selling Stockholder will bear all commissions and discounts, if any, attributable to its sale of Common Stock. See " Plan of Distribution ." We may also provide a prospectus supplement or post-effective amendment to the registration statement to add information to, or update or change information contained in, this prospectus. If there is any inconsistency between the information in this prospectus and the applicable prospectus supplement or post-effective amendment, you should rely on the prospectus supplement or post-effective amendment, as applicable. Before purchasing any securities, you should carefully read this prospectus, any post-effective amendment, and any applicable prospectus supplement, together with the additional information described in the " Where You Can Find More Information " section of this prospectus. You should assume that the information appearing in this prospectus, any post-effe

View Full Filing

View this S-1 filing on SEC EDGAR