Latham & Watkins Advises on Andretti Acquisition Corp.’s Business Combination With Zapata AI
Zapata Computing, Inc. (Zapata AI), the Industrial Generative AI software company developing solutions and applications to solve enterprises’ hardest problems, and Andretti Acquisition Corp. (NYSE: WNNR), a publicly traded special purpose acquisition company, have announced that they have entered into a definitive business combination agreement that will result in Zapata AI becoming a US publicly listed company. Upon closing of the transaction, the combined company is expected to be listed on the New York Stock Exchange under the new ticker symbol “ZPTA.”
Latham & Watkins LLP advised the Duff & Phelps Opinions Practice of Kroll, as fairness opinion adviser to Andretti Acquisition Corp., in the transaction with a corporate deal team led by Chicago partner Christopher Drewry, with associate Om Pandya.