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Andretti Acquisition Corp   (WNNR)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $10.1650 $0.42 4.256%
Day's High: $10.23 Week Perf: -5.62 %
Day's Low: $ 9.49 30 Day Perf: 11.95 %
Volume (M): 1 52 Wk High: $ 11.70
Volume (M$): $ 8 52 Wk Avg: $10.63
Open: $9.49 52 Wk Low: $7.60



 Market Capitalization (Millions $) 185
 Shares Outstanding (Millions) 18
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Andretti Acquisition Corp
Andretti Acquisition Corp is a special purpose acquisition company (SPAC) based in the United States. The company was formed with the purpose of merging or acquiring a target company, typically within the technology, media, and telecom sectors. Andretti Acquisition Corp aims to identify and partner with promising businesses with strong growth potential. As a SPAC, the company raises funds through an initial public offering (IPO) and uses those funds to complete a merger or acquisition within a specific time frame.


   Company Address: 7615 Zionsville Road Indianapolis 46268 IN
   Company Phone Number: 872-2700   Stock Exchange / Ticker: NYSE WNNR
   WNNR is expected to report next financial results on March 20, 2024.


   

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Contract

Andretti Acquisition Corp. and Zapata Computing's Merger Set to Trade on Nasdaq

Published Mon, Mar 18 2024 8:15 PM UTC

Andretti Acquisition Corp. (NYSE: WNNR), a special purpose acquisition company, has revealed its plans to merge with Zapata Computing, Inc. (Zapata AI), an industrial generative AI company. This merger is expected to result in the formation of a new entity that will list on the Nasdaq Stock Market (Nasdaq). The combined company's common stock and public warrants are anticipa...

Andretti Acquisition Corp

Andretti Acquisition Corp Faces Challenging Third Quarter with Contraction in Company Results Earnings Season



The financial results of Andretti Acquisition Corp for the period from July to September 2023 have revealed some concerning figures. While investors were not optimistic about any significant modifications to the top-line, the company reported an operating loss of $-2.652552 million during the same period. However, these numbers should be placed into the context of the company's evolving state and the expectations for a new business model to soon emerge. This article will outline the facts surrounding Andretti Acquisition Corp's recent financial results while considering the broader context of its performance.
Financial Results:
During the third quarter of 2022, Andretti Acquisition Corp experienced profitability. However, in the July to September 2023 interval, the company posted a net deficit of $-1.095 million. This indicates a decline in financial performance compared to the previous year's results. The lack of immediate concern among investors over these operational results suggests their focus is primarily on the company's potential for growth and the development of a new business model.

Andretti Acquisition Corp

Andretti Acquisition Corp Releases Q2 2023 Performance Figures Amidst Blank Checks Sector Companies' Report Releases

The stock market has been buzzing with activity lately, with leaders in the Blank Checks sector making headlines left and right. However, amidst all the excitement, there are a few overlooked businesses that have quietly been working hard and are now starting to reveal their results. One such company is Andretti Acquisition Corp, and their recent financial report has caught the attention of investors.
In the second quarter of 2023, Andretti Acquisition Corp recorded an operating shortfall of $-1.317655 million. While this may seem like a setback, it is important to note that the markets are eagerly anticipating additional revenue streams from the corporation in the near future. This shows that investors have faith in the company's ability to turn things around and generate profits.

Andretti Acquisition Corp

Andretti Acquisition Corp Faces Steep Decline in Performance, Prompts Urgent Business Model Revamp

The Blank Checks industry advisors are beginning to analyze the first quarter of 2023 earnings, with a particular focus on the Andretti Acquisition Corp. During this period, the WNNR has reported an operating deficit of $-2.268367 million, without citing any revenue so far. The shareholders, however, expect the company to develop a new business model as soon as possible and are less interested in the operational performance of the WNNR.
In recent months, the Blank Checks company has improved its surplus significantly, with a surplus of $0.267 million in the first quarter of 2023, up from $-0.005 million in the same period last year. This is a promising sign for the shareholders, who eagerly await the company's next financial earnings report, set to be released on August 3rd, 2023.






 




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