Announcement • Mar 29

Zapata Computing, Inc. completed the acquisition of Andretti Acquisition Corp. (NYSE:WNNR) from a group of shareholders in a reverse merger transaction.

Zapata Computing, Inc. entered into a non-binding letter of intent to acquire Andretti Acquisition Corp. (NYSE:WNNR) from a group of shareholders in a reverse merger transaction on May 5, 2023. Zapata Computing, Inc. entered into a definitive business combination agreement to acquire Andretti Acquisition Corp. from a group of shareholders in a reverse merger transaction for approximately $190 million on September 6, 2023. Existing Zapata shareholders will roll over 100% of their equity into the combined entity. Existing stockholders of Zapata are expected to receive 0.9258 shares of New Company Common Stock for each share of Zapata Capital Stock, thereby owning 17.9 million shares of new company common stock upon completion of the merger. Upon closing of the transaction, the combined entity will become a publicly listed company called Zapata Computing Holdings Inc. Following, and subject to the consummation of business combination, the Company’s ordinary shares and public warrants are expected to trade on Nasdaq as common stock and public warrants under the symbols “ZPTA” and “ZPTAW,” respectively. In case of termination of the transaction under certain circumstances, Zapata would be required to pay a termination fee to Andretti of $1 million plus (ii) the aggregate amount of all reasonable, documented and out-of-pocket fees and expenses incurred by AAC or Andretti Sponsor LLC in connection with the Business Combination, provided, that such Termination Fee shall under no circumstances exceed $5 million in the aggregate. The combined company will be renamed Zapata Computing Holdings Inc. The transaction is subject to the receipt of certain regulatory approvals, the approval of the stockholders of Andretti Acquisition and Zapata, the expiration or termination of the waiting period (or any extension thereof) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, the effectiveness of the registration statement on Form S-4, receipt of approval for listing by New York Stock Exchange of the New Parent Common Stock to be issued in connection with the transaction, the post-closing parent Certificate of Incorporation shall have been filed, Zapata shall have delivered to Andretti the PCAOB Financials including the audited consolidated balance sheet of Zapata entry by Andretti Acquisition into the Exchange Agreements with each holder of Senior Notes pursuant to which such Senior Notes will be exchanged for shares of New Parent Common Stock at the closing. The Board of Directors of Andretti Acquisition Corp. has approved the transaction. Zapata Board unanimously approved the business combination agreement on August 26, 2023. As of January 29, 2024, registration statement on Form S-4 has been declared effective by the U.S. Securities and Exchange Commission. An Extraordinary General Meeting of Shareholders of Andretti (the “Special Meeting”) to approve the proposed business combination is scheduled to be held on February 13, 2024. As of February 13, 2024, the transaction has been approved by the shareholders of Andretti. The transaction is expected to close in the first quarter of 2024. The transaction is expected to close on March 28, 2024. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, is serving as exclusive financial advisor and lead capital markets advisor to Andretti Acquisition. Raphael Russo, Jeffrey Marell, John Godfrey, Rosita Lee, Lawrence Witdorchic, Lindsay Parks, Claudine Meredith-Goujon, Peter Fisch, Yuni Sobel, William O’Brien and Steven Herzog of Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal counsel and provided due diligence services to Andretti Acquisition. Kroll, LLC (“Duff & Phelps”) acted as financial advisor and fairness opinion provider to Andretti Acquisition Board. Cassels Brock & Blackwell LLP will represent Andretti as Canadian counsel and Macfarlanes LLP will act as English law counsel and Bass, Berry & Sims PLC will represent Andretti as outside counsel in connection with the merger. Kroll Associates, Inc. acted as due diligence services to Andretti. William R. Kolb of Foley Hoag LLP is serving as legal counsel to Zapata. KPMG LLP provided due diligence services to Andretti in connection with the business combination. Christopher Drewry of Latham & Watkins LLP advised the Duff & Phelps Opinions Practice of Kroll, as fairness opinion advisor to Andretti. The Benchmark Company, LLC acted as financial advisor to Zapata Computing. MacKenzie Partners, Inc. acted as proxy solicitor to Andretti Acquisition for a fee of $15,000 plus expenses. Mark Zimkind of Continental Stock Transfer & Trust Company acted as the transfer agent for Andretti’s securities. Andretti agreed to pay Kroll Associates, Inc. a retainer of $10,000, which was paid upon execution of the engagement letter. Andretti paid a $275,000 fee in January 2023 to KPMG LLP in connection with this arrangement and a second and final payment of $450,554 was made as of June 30, 2023. Andretti paid a $50,000 non-refundable retainer fee in January 2023 to Duff & Phelps in connection with this arrangement. Andretti has agreed to pay Duff & Phelps an additional (i) $150,000 fee payable upon Duff & Phelps informing Andretti that it is prepared to deliver a fairness opinion in connection with the merger and (ii) $400,000 fee payable upon closing of the merger. Andretti agreed to pay Cohen a fee of (i) $500,000 in cash payable upon the closing of the initial Business Combination, plus (ii) $1,000,000 in either cash or post-Business Combination equity, payable 180 days after the closing of the initial Business Combination plus (iii) $1,000,000 payable in either cash or post-Business Combination equity, payable 270 calendar days following the initial Business Combination. Zapata Computing, Inc. completed the acquisition of Andretti Acquisition Corp. (NYSE:WNNR) from a group of shareholders in a reverse merger transaction on March 28, 2024.

Software Industry Growth	17.33%
Revenue growth rate	-80.37%
Return on equity	139.16%
Net Margin	n/a
Last Earnings Update	30 Jun 2026

Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 26	0	4	4	1
31 Mar 26	0	9	3	0
31 Dec 25	0	9	3	0
30 Sep 25	0	1	5	0
30 Jun 25	1	2	10	1
31 Mar 25	3	-17	16	3
31 Dec 24	4	-38	19	4
30 Sep 24	5	-49	20	5
30 Jun 24	6	-58	18	5
31 Mar 24	5	-47	14	5
31 Dec 23	6	-30	13	6
30 Sep 23	6	-21	14	7
30 Jun 23	6	-22	15	8
31 Mar 23	5	-23	16	8
31 Dec 22	5	-23	17	8
31 Dec 21	1	-17	10	7

Data	Last Updated (UTC time)
Company Analysis	2026/09/20 21:04
End of Day Share Price	2026/09/18 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

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No independent directors

Zapata Computing, Inc. completed the acquisition of Andretti Acquisition Corp. (NYSE:WNNR) from a group of shareholders in a reverse merger transaction.

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