Zapata Computing Converts Series A Preferred to Common Shares

Zapata Computing Holdings ( (ZPTA) ) has shared an update.

On April 7, 2026, Zapata Computing Holdings automatically converted all 15,000 outstanding shares of its Series A Convertible Preferred Stock into 15,000,000 shares of common stock, triggered by the first closing of a financing that raised at least $5 million in gross proceeds. The conversion, executed as an exchange of securities without additional consideration, simplifies the company’s capital structure and increases its common equity base, which may affect existing shareholders through dilution while potentially strengthening the firm’s financial position.

On April 1, 2026, the company filed a new Certificate of Designations for its Series D preferred stock with the Delaware Secretary of State, authorizing the issuance of up to 15,000 Series D shares. This new preferred stock designation expands Zapata Computing Holdings’ financing tools, positioning the company to raise additional capital and further adjust its balance of equity and preferred securities as market conditions and strategic needs evolve.

The most recent analyst rating on (ZPTA) stock is a Sell with a $0.36 price target. To see the full list of analyst forecasts on Zapata Computing Holdings stock, see the ZPTA Stock Forecast page.

Spark’s Take on ZPTA Stock

According to Spark, TipRanks’ AI Analyst, ZPTA is a Underperform.

The score is driven down primarily by very weak financial performance (zero 2025 revenue, persistent losses and cash burn, and negative equity). Technicals are also bearish (below key moving averages with negative MACD), with only an oversold reading offering limited near-term support. Valuation adds further pressure due to an extremely high P/E and no dividend yield.

To see Spark’s full report on ZPTA stock, click here.

More about Zapata Computing Holdings

Zapata Computing Holdings operates in the technology and software industry, focusing on advanced computational solutions and related financial structuring to support its capital needs. The company uses various classes of preferred and common stock to finance operations and manage its capital structure in the U.S. market.

Average Trading Volume: 119,118

Technical Sentiment Signal: Sell

Current Market Cap: $74.09M

Find detailed analytics on ZPTA stock on TipRanks’ Stock Analysis page.