Zapata AI Expected to Trade on the Nasdaq Under Ticker Symbol ZPTA
19 3월 2024 - 5:15AM
Business Wire
Andretti Acquisition Corp. (NYSE: WNNR) (“Andretti”), a publicly
traded special purpose acquisition company, today announced that,
upon the consummation of its previously announced proposed business
combination with Zapata Computing, Inc. (“Zapata AI”), an
industrial generative AI company, the combined entity is expected
to list on the Nasdaq Stock Market (“Nasdaq”). The common stock and
public warrants of the combined company will trade under the ticker
symbols “ZPTA” and “ZPTAW”, respectively.
“Nasdaq is the most prestigious exchange in the world for high
growth technology companies and burgeoning AI organizations,” said
Christopher Savoie, CEO of Zapata AI. “As we embark on our next
chapter as a public company, Nasdaq is the perfect fit for Zapata
AI as it further validates our business model and adds an even
greater level of credibility with our customer base – many of which
also trade on the exchange.”
Zapata AI develops generative AI applications and provides
accompanying services to solve complex industrial-scale problems
faced by enterprise and government customers that have included
BASF, BBVA, BP, the Defense Advanced Research Projects Agency
(DARPA), Andretti Global and Sumitomo Mitsui Trust Bank. As a
public company, Zapata AI will focus on fueling continued
innovation, driving enterprise customer acquisition and advancing
Zapata AI’s growth strategy.
Karen Snow, Global Head of Listings for Nasdaq, stated: “We are
excited to welcome Zapata AI to the Nasdaq family and look forward
to supporting their continued growth and success as a Nasdaq listed
company."
In compliance with New York Stock Exchange (“NYSE”) rules,
Andretti has notified NYSE of its plans to cease trading its Class
A ordinary shares and public warrants on the NYSE, which will
become effective 10 days following the date of such notice. Upon
conclusion of this notice period and following the consummation of
the business combination, the common stock and public warrants of
the combined company will begin trading on Nasdaq. Andretti’s Class
A ordinary shares, public warrants and units will continue to trade
on the NYSE under the symbols “WNNR,” “WNNR WS” and “WNNR.U,”
respectively, until the consummation of the business combination.
No action is required by existing Andretti shareholders,
unitholders or warrantholders with respect to the expected change
in ticker symbol or exchange listing.
About Zapata AI
Zapata AI is an Industrial Generative AI company,
revolutionizing how enterprises solve complex problems with its
powerful suite of Generative AI software. By combining numerical
and text-based solutions, Zapata AI empowers industrial-scale
enterprises and government entities to leverage large language
models and numerical generative models better, faster, and more
efficiently—delivering solutions to drive growth, savings and
insight. With proprietary science and engineering techniques and
the Orquestra® platform, Zapata AI is accelerating Generative AI’s
impact in Industry. The Company was founded in 2017 and is
headquartered in Boston, Massachusetts. On September 6, 2023,
Zapata AI entered into a definitive business combination agreement
with Andretti Acquisition Corp. (NYSE: WNNR). For more information
on Zapata AI, please visit www.zapata.ai.
About Andretti Acquisition Corp.
Andretti Acquisition Corp. is a special purpose acquisition
company formed for the purpose of effecting a business combination
with one or more businesses or entities. Two key members of the
team are racing legends Mario and Michael Andretti. To learn more,
visit https://www.andrettiacquisition.com.
Forward-Looking Statements
Certain statements made herein are not historical facts but are
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. Forward-looking statements generally are accompanied by words
such as “believe,” “may,” “will,” “estimate,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “plan,”
“predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding future events, the proposed business
combination between Zapata AI and Andretti (the “business
combination”), the estimated or anticipated future results and
benefits of the combined company following the business
combination, including the likelihood and ability of the parties to
successfully consummate the transaction, future opportunities for
the combined company, and other statements that are not historical
facts. These statements are based on the current expectations of
Andretti Acquisition Corp.’s and Zapata AI’s management and are not
predictions of actual performance. These forward-looking statements
are provided for illustrative purposes only and are not intended to
serve as, and must not be relied on, by any investor as a
guarantee, an assurance, a prediction, or a definitive statement of
fact or probability. These statements are subject to a number of
risks and uncertainties regarding Zapata AI’s businesses and the
business combination, and actual results may differ materially.
These risks and uncertainties include, but are not limited to,
ability to meet the closing conditions to the business combination;
delay in closing the business combination or failure to close the
business combination within the period permitted under Andretti’s
governing documents; and those factors discussed in Andretti’s
definitive proxy statement/prospectus, filed with the Securities
and Exchange Commission (the “SEC”) on January 29, 2024, and other
documents of Andretti Acquisition Corp. filed, or to be filed, with
the SEC.
If any of these risks materialize or if assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. There may be
additional risks that Andretti Acquisition Corp. or Zapata AI
presently do not know or that Andretti Acquisition Corp. or Zapata
currently believe are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. While Andretti or Zapata AI may elect to update these
forward-looking statements at some point in the future, Andretti or
Zapata AI specifically disclaim any obligation to do so. These
forward-looking statements should not be relied upon as
representing Andretti’s or Zapata AI’s assessments as of any date
subsequent to the date of this communication. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240318728342/en/
Zapata AI Media: press@zapata.ai Investors:
investors@zapata.ai
Andretti Acquisition Corp. Media: pr@andrettiacquisition.com
Investors: ir@andrettiacquisition.com
Andretti Acquisition (NYSE:WNNR)
과거 데이터 주식 차트
부터 12월(12) 2024 으로 1월(1) 2025
Andretti Acquisition (NYSE:WNNR)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025