Zapata Quantum Seeks Shareholder Approval for 1-for-50 Reverse Split to Regain Nasdaq Listing
Summary
Zapata Quantum seeks shareholder approval for a reverse stock split of up to 1-for-50 to regain a national exchange listing after its 2025 Nasdaq delisting.
Key Events · Corporate Governance and Compliance · ZPTAW
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Reverse Split Proposal Up to 1-for-50
Board seeks authority to implement a reverse stock split at a ratio between 1-for-2 and 1-for-50, at its discretion, to meet the $4.00 minimum bid price required for Nasdaq or NYSE listing.
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Prior Nasdaq Delisting and Operational Cessation
The company was delisted from Nasdaq in March 2025 following an operational cessation in October 2024, and only became quoted on the OTCQB on June 16, 2026 after becoming current in SEC filings.
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Listing Challenges Acknowledged
The filing states the company may face significant challenges uplisting due to the two-year operating history requirement and uncertainty about maintaining the minimum bid price, even after a reverse split.
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Annual Meeting Set for October 9, 2026
Shareholders of record as of September 9, 2026 will vote on the reverse split, director elections, auditor ratification, and say-on-pay proposals at the virtual annual meeting.
Analysis · ZPTAW · Technology
Zapata Quantum is asking shareholders to approve a reverse stock split of up to 1-for-50 to lift its share price above the $4.00 minimum bid required for a national exchange listing. The company was delisted from Nasdaq in March 2025 after ceasing operations in October 2024, and only returned to the OTCQB in June 2026. A reverse split is a prerequisite for uplisting, but the filing itself warns that even a 1-for-50 split may not be enough if the stock falls below $0.08, and that the company faces significant challenges meeting other listing standards, including a two-year operating history requirement. The vote is scheduled for October 9, 2026.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1872 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.01%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ZPTAW was trading at $0.29 on OTC in the Technology sector, with a market capitalization of approximately $151.9M. The 52-week trading range was $0.00 to $1.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.