Financing ·
Zapata Quantum, Inc. entered into an Exclusive Broker-Dealer and Leak-Out Management Agreement with Chardan Capital…
ZPTAWZapata Quantum, Inc.
Zapata Quantum, Inc. entered into an Exclusive Broker-Dealer and Leak-Out Management Agreement with Chardan Capital Markets LLC to manage potential sales of Restricted Shares held by stockholders bound by Universal Resale and Registration provisions. The broker-dealer will execute these sales exclusively through its platform at a commission rate of 4% of gross proceeds, which reduces to 3% once aggregate commissions reach $200,000. Additionally, the Company is obligated to pay Chardan Capital Markets LLC an amount equal to the excess of $400,000 over received commissions if the agreement terminates or expires under specific conditions. Zapata Quantum, Inc. operates in the quantum computing industry.