Andretti Acquisition Corp. Completes Business Combination with Zapata Computing (Zapata AI)
March 28, 2024
Zapata Computing, doing business as Zapata AI, completed a business combination with special purpose acquisition company Andretti Acquisition Corp., and the combined company will trade on Nasdaq under the ticker symbols ZPTA (common) and ZPTAW (warrants). The transaction provides Zapata AI with public-market capital and financial flexibility to fuel product innovation, accelerate enterprise customer acquisition, and advance its industrial generative AI growth strategy.
- Buyers
- Andretti Acquisition Corp.
- Targets
- Zapata Computing, Inc. (Zapata AI)
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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