{"url_path":"/sec/zpta/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities, Use of Proceeds,","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1843714/0001079973-26-000671-index.html","accession_number":"0001079973-26-000671","cik":"0001843714","ticker":"ZPTA","issuer_name":"Zapata Quantum, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1843714/0001079973-26-000671-index.html","primary_entity_key":"0001843714","primary_entity_name":"Zapata Quantum, Inc."},"word_count":99,"has_tables":true,"body_markdown":"** **\n\n**Item 2. Unregistered Sales of Equity Securities, Use of Proceeds,\nand Issuer Purchases of Equity Securities.**\n\n** **\n\nOn April 7, 2026, the Company issued a total of\n15,000,000 shares of Common Stock pursuant to the automatic conversion of shares of Series A Convertible Preferred Stock upon completion\nof certain trigger events.\n\n \n\nOn April 30, 2026, the Company issued 10,415 shares\nof the Company’s Common Stock to a consultant pursuant to a stock option exercise.\n\n \n\nThe issuances, conversions and option exercise\nwere exempt from registration under the Securities Act of 1933 pursuant to Section 4(a)(2) thereof and Rule 506(b) promulgated thereunder."}