-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 R0fye2Da7uee5UxywHzeLJ2/Tv/IInLKJ7Xn2awRtAG+SLdZ2bMH5PE/d1R0nQAz
 XfoLQr4CcSTANfajQKlQOw==

<SEC-DOCUMENT>0000950123-05-014537.txt : 20051208
<SEC-HEADER>0000950123-05-014537.hdr.sgml : 20051208
<ACCEPTANCE-DATETIME>20051208171951
ACCESSION NUMBER:		0000950123-05-014537
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051202
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20051208
DATE AS OF CHANGE:		20051208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ZAPATA CORP
		CENTRAL INDEX KEY:			0000109177
		STANDARD INDUSTRIAL CLASSIFICATION:	FATS & OILS [2070]
		IRS NUMBER:				741339132
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04219
		FILM NUMBER:		051253409

	BUSINESS ADDRESS:	
		STREET 1:		100 MERIDIAN CENTRE
		STREET 2:		SUITE 350
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14618
		BUSINESS PHONE:		585 242 2000

	MAIL ADDRESS:	
		STREET 1:		100 MERIDIAN CENTRE
		STREET 2:		SUITE 350
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14618

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZAPATA NORNESS INC
		DATE OF NAME CHANGE:	19720314

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZAPATA OFF SHORE CO
		DATE OF NAME CHANGE:	19690115
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>y15498e8vk.txt
<DESCRIPTION>FORM 8-K
<TEXT>
<PAGE>


                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K



                            CURRENT REPORT PURSUANT
                         TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934




Date of report (Date of earliest event reported)        December 2, 2005
                                                 ------------------------------


                               ZAPATA CORPORATION
- -------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in Its Charter)


                                     Nevada
- -------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


        1-4219                                            74-1339132
- -------------------------------------------------------------------------------
(Commission File Number)                      (IRS Employer Identification No.)


100 Meridian Centre, Suite 350, Rochester, New York         14618
- -------------------------------------------------------------------------------
(Address of Principal Executive Offices)                  (Zip Code)


(585) 242-2000
- -------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


- -------------------------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

      [ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

      [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)

      [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

      [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))

<PAGE>
                    INFORMATION TO BE INCLUDED IN THE REPORT


Item 2.01 Completion of Acquisition or Disposition of Assets

     On December 2, 2005, Zapata Corporation ("Zapata") completed the sale of
all of Zapata's 4,162,394 shares of common stock of Safety Components
International, Inc. ("Safety Components") to WLR Recovery Fund II, L.P. and WLR
Recovery Fund III, L.P. (collectively, the "WLR Funds"), pursuant to the terms
and conditions of a stock purchase agreement, dated September 23, 2005, among
Zapata, WLR Recovery Fund II, L.P. and WLR Recovery Fund III, L.P., as amended
by Amendment No. 1 and Joinder dated September 26, 2005.  The purchase price for
Zapata's 4,162,394 shares of Safety Components common stock is $12.30 per share,
or $51,197,446 in the aggregate, plus interest earned on the purchase price
while held in escrow pending the closing, less certain costs.  The amount of the
consideration was determined by arm's length negotiations between Zapata and the
WLR Funds.

Item 9.01 Financial Statements and Exhibits

     (c)    Exhibits

            10.1    Stock Purchase Agreement, dated September 23, 2005, between
                    Zapata, WLR Recovery Fund II, L.P. and WLR Recovery
                    Fund III, L.P. (as amended by Amendment No. 1 and Joinder
                    dated September 26, 2005) (incorporated by reference to
                    Exhibit 10.1 of Form 10-Q dated November 14, 2005
                    (SEC File No. 001-04219)).



                                      -2-

<PAGE>
                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                   ZAPATA CORPORATION


Date:  December 8, 2005            By:  /s/ Leonard DiSalvo
                                        --------------------------------------
                                   Name:   Leonard DiSalvo
                                   Title:  Vice President - Finance and CFO



                                      -3-




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
