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An announcement from Zapata Computing Holdings ( (ZPTA) ) is now available.
Zapata Computing Holdings Inc. is set to have its stock and warrants suspended from Nasdaq on October 25, 2024, after the company announced plans to cease operations and terminate most employees. This action, in line with Nasdaq’s Listing Rule 5100, aims to maintain market integrity and protect investors, as the company is deemed a “public shell.” Zapata does not intend to appeal the delisting decision.
For a thorough assessment of ZPTA stock, go to TipRanks’ Stock Analysis page.