Zapata Computing Holdings Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Zapata Computing Holdings Inc. (ZPTA)
Company Research
Source: GlobeNewswire
BOSTON, May 13, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. (“Zapata AI” or the “Company”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced that the Compensation Committee of Zapata AI’s Board of Directors has approved an inducement grant of a nonstatutory stock option to Sumit Kapur to purchase 600,000 shares of Zapata AI’s common stock with an exercise price of $ 1.23 per share, the closing price of Zapata AI’ common stock on May 13, 2024. As previously announced, Mr. Kapur, will serve as Zapata AI’s Chief Financial Officer, effective May 20, 2024, and as Zapata AI’s Vice President, Finance during a short transition period, effective today. The option will vest as to 25% of the underlying shares on the first anniversary of the date of grant and the remaining 75% of the underlying shares will vest in 36 substantially equal monthly increments thereafter, subject to Mr. Kapur’s continued employment on each vesting date. The option is subject to the te
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ZPTA
News
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- Zapata AI Announces Second Quarter 2024 Financial Results and Provides Business UpdateGlobeNewswire
- Zapata Computing Holdings Inc. (NASDAQ: ZPTA) had its "speculative buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $1.50 price target on the stock.MarketBeat
- Zapata Computing Holdings Inc. (NASDAQ: ZPTA) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating and a $1.75 price target on the stock.MarketBeat
- Zapata AI to Deliver Real-Time Intelligence for WarfightersGlobeNewswire
ZPTA
Sec Filings
- 10/25/24 - Form EFFECT
- 10/25/24 - Form EFFECT
- 10/25/24 - Form EFFECT
- ZPTA's page on the SEC website