Zapata Quantum Raises $1.25 Million in Private Financing Round
Reuters
Nov 19
Zapata Quantum Raises $1.25 Million in Private Financing Round
Zapata Quantum Inc. announced it has completed a private round of financing, raising $1.25 million in additional capital at over three times the effective price per share of its June 2025 capital raise. The company stated that the proceeds will be used to accelerate the rebuilding of its core scientific team and to retain a top-tier financial and accounting advisory firm to expedite its path to full SEC compliance. This financing is part of the company's broader strategic restructuring efforts, which also included the restructuring of an additional $8.6 million in debt, bringing the total amount of debt restructured to $18.7 million.
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