Andretti Acquisition Merges with Zapata Computing, Inc.

Andretti Acquisition Corporation Class A (WNNR) has released an update.

Andretti Acquisition Corp. has entered into a business combination agreement with Zapata Computing, Inc., with Zapata to become a subsidiary of Andretti post-merger. Zapata recently forged a commercial collaboration with D-Wave Quantum Inc. and raised $13.2 million through Senior Secured Notes to fuel their expansion. Investors are advised that Andretti’s Registration Statement contains important details about these transactions, and forward-looking statements involved carry risks and uncertainties that could impact actual results. Shareholders are encouraged to review these materials for a comprehensive understanding of the business combination and its implications.

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For a comprehensive understanding of the announcement, you can read the full document here.