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Zapata Computing Holdings (Andretti Acquisition) Priced, NYSE: ZPTA

Blank check company co-led by racing driver Michael Andretti targeting the automotive industry (completed 3/28/2024).

Industry: SPAC

Latest Trade: $0.02 0.00 (0.0%)

First Day Return: +0.3%

Return from IPO: -99.8%

Industry: SPAC

We are a newly organized blank check company. We intend to leverage the extensive experience and vast network of our management team to complete our initial business combination. Two key members of our management team are racing legends Mario and Michael Andretti. Mario Andretti is a former Formula One World Champion racecar driver and one of only three drivers to win races in Formula One, IndyCar, World Sportscar Championship and the National Association for Stock Car Auto Racing (“NASCAR”). His son, Michael Andretti, won the PPG IndyCar World Series in 1991 and has tallied 42 race wins throughout his career. As owner of Andretti Autosport, Michael Andretti has led his team to over 200 race wins, including four IndyCar Championships. While we may pursue our initial business combination in any business, industry or geographic location, we currently seek to focus on opportunities that can benefit from the iconic Andretti brand name, both inside and outside of the worldwide motor sports platform and the expertise and ability of our management team to identify, acquire and grow a business in the broadly-defined automotive industry. This industry includes, but is not limited to advanced mobility and related next-generation technologies, premium and performance vehicles and replacement automotive parts.
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IPO Data
IPO File Date 03/23/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/12/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
RBC Capital Markets
Company Data
Headquarters Indianapolis, IN, United States
Founded 2021
Employees at IPO 3

Zapata Computing Holdings (Andretti Acquisition) (ZPTA) Performance