ZPTA News

For investors interested in artificial intelligence, the IPO market is the space to watch. A number of recent tech issuers have made AI-focused pitches, while private AI startups continue to raise significant funding as they mature. As the field continues to develop, the IPO market will play an important role as the front door for AI. In recent years, a few issuers have come to...read more

Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The Indianapolis, IN-based company is led by Co-CEO and Director Michael Andretti...read more

Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Indianapolis, IN-based company now plans to raise $200 million by offering 20 million units at $10. The company had previously filed to offer 25 million units at $10. Each unit still consists...read more

Andretti Acquisition, a blank check company co-led by racing driver Michael Andretti targeting the automotive industry, filed on Tuesday with the SEC to raise up to $250 million in an initial public offering. The Indianapolis, IN-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one share of common stock and one-half of a...read more