{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T15:43:29.209160+00:00","company":{"ticker":"MASS","cik":1555279,"company_name":"908 Devices Inc."},"pagination":{"limit":100,"returned":35,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"CAM2 Technologies, LLC, CAM3 HoldCo, LLC, the beneficial sellers, and Jon Frattaroli as guarantor","detail":"asset_purchase","count":1,"first_seen":"2024-04-30T23:59:59+00:00","last_seen":"2024-04-30T23:59:59+00:00","evidence_fact_ids":[57459]},{"display_name":"Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod","detail":"asset_purchase","count":1,"first_seen":"2026-05-06T23:59:59+00:00","last_seen":"2026-05-06T23:59:59+00:00","evidence_fact_ids":[21399]},{"display_name":"Signature Bank","detail":"credit_facility","count":1,"first_seen":"2022-11-08T23:59:59+00:00","last_seen":"2022-11-08T23:59:59+00:00","evidence_fact_ids":[198484]},{"display_name":"Silicon Valley Bank","detail":"credit_facility","count":1,"first_seen":"2022-11-08T23:59:59+00:00","last_seen":"2022-11-08T23:59:59+00:00","evidence_fact_ids":[198483]},{"display_name":"Silicon Valley Bank, a division of First-Citizens Bank & Trust Company)","detail":"credit_facility","count":1,"first_seen":"2023-08-08T23:59:59+00:00","last_seen":"2023-08-08T23:59:59+00:00","evidence_fact_ids":[122034]}],"lender":[{"display_name":"Silicon Valley Bank","detail":"revolving_credit","count":1,"first_seen":"2022-11-08T23:59:59+00:00","last_seen":"2022-11-08T23:59:59+00:00","evidence_fact_ids":[198487]},{"display_name":"Silicon Valley Bank, a division of First-Citizens Bank & Trust Company","detail":"revolving_credit","count":1,"first_seen":"2023-08-08T23:59:59+00:00","last_seen":"2023-08-08T23:59:59+00:00","evidence_fact_ids":[122036]}],"ma_counterparty":[{"display_name":"CAM3 HoldCo, LLC","detail":"acquisition","count":1,"first_seen":"2024-04-30T23:59:59+00:00","last_seen":"2024-04-30T23:59:59+00:00","evidence_fact_ids":[57469]},{"display_name":"Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod","detail":"acquisition","count":1,"first_seen":"2026-05-06T23:59:59+00:00","last_seen":"2026-05-06T23:59:59+00:00","evidence_fact_ids":[23362]},{"display_name":"Repligen Corporation and Repligen GmbH","detail":"disposition","count":1,"first_seen":"2025-03-04T23:59:59+00:00","last_seen":"2025-03-04T23:59:59+00:00","evidence_fact_ids":[94767]}]},"facts":[{"fact_type":"shareholder_vote","fact_key":"99273db65e76e8a710b4137506fb51cffed66d06","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-06-12T20:20:09+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-11","outcome":"passed","proposal_text":"Advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"4,328,952","subject":null,"votes_abstain":"362,892","votes_against":"2,224","votes_for":"23,867,639","votes_withheld":null}]},"claim":"908 Devices Inc. shareholders approved Advisory vote on the frequency of future advisory votes on the compensation of the Company’s named executive officers at the 2026-06-11 meeting.","evidence_excerpt":"Proposal No. 4: Advisory vote on the frequency of future advisory votes","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-073487","anchor_url":"https://secwatch.observer/filing/0001104659-26-073487#claim-99273db65e76e8a710b4137506fb51cffed66d06","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926073487/0001104659-26-073487-index.htm"},{"fact_type":"shareholder_vote","fact_key":"ef2b7c7e8465e078892f356b563f16b8402cb5a9","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-06-12T20:20:09+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-11","outcome":"passed","proposal_text":"Advisory vote on the compensation of the Company’s named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"4,328,952","subject":null,"votes_abstain":"388,820","votes_against":"2,748,574","votes_for":"21,187,486","votes_withheld":null}]},"claim":"908 Devices Inc. shareholders approved Advisory vote on the compensation of the Company’s named executive officers at the 2026-06-11 meeting.","evidence_excerpt":"Proposal No. 3: Advisory vote on the compensation of the Company’s named executive officers","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-073487","anchor_url":"https://secwatch.observer/filing/0001104659-26-073487#claim-ef2b7c7e8465e078892f356b563f16b8402cb5a9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926073487/0001104659-26-073487-index.htm"},{"fact_type":"shareholder_vote","fact_key":"39ff78921ff44815a9cd9da8474cab111df8cfbd","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-06-12T20:20:09+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-11","outcome":"passed","proposal_text":"Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"1,951","votes_against":"5,575","votes_for":"28,646,306","votes_withheld":null}]},"claim":"908 Devices Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-06-11 meeting.","evidence_excerpt":"Proposal No. 2: Ratification of the appointment of PricewaterhouseCoopers LLP","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-073487","anchor_url":"https://secwatch.observer/filing/0001104659-26-073487#claim-39ff78921ff44815a9cd9da8474cab111df8cfbd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926073487/0001104659-26-073487-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7349c5e290444768befebf0e0c36f37afda84df6","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-06-12T20:20:09+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-11","outcome":"passed","proposal_text":"Election of Class III Directors","proposal_type":"director_election","results":[{"broker_non_votes":"4,328,952","subject":"Keith L. Crandell","votes_abstain":null,"votes_against":null,"votes_for":"23,989,268","votes_withheld":"335,612"},{"broker_non_votes":"4,328,952","subject":"Christopher Brown, Ph.D.","votes_abstain":null,"votes_against":null,"votes_for":"24,120,149","votes_withheld":"204,731"},{"broker_non_votes":"4,328,952","subject":"E. Kevin Hrusovsky","votes_abstain":null,"votes_against":null,"votes_for":"21,164,398","votes_withheld":"3,160,482"}]},"claim":"908 Devices Inc. shareholders approved Election of Class III Directors at the 2026-06-11 meeting.","evidence_excerpt":"Proposal No. 1: Election of Class III Directors.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-073487","anchor_url":"https://secwatch.observer/filing/0001104659-26-073487#claim-7349c5e290444768befebf0e0c36f37afda84df6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926073487/0001104659-26-073487-index.htm"},{"fact_type":"earnings_release","fact_key":"3b6255d3db8538b7cb73ec334e50651096c083c4","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":"Net loss attributable to common stockholders was $12.0 million","period_text":"first quarter and three months ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":"$13.4 million"},"claim":"908 Devices Inc. reported first quarter and three months ended March 31, 2026 results: revenue $13.4 million, net income Net loss attributable to common stockholders was $12.0 million. Guidance raised.","evidence_excerpt":"subscriptions. This transaction reflects our focus\non disciplined growth investments as we continue to execute our transformation strategy.” Recent Highlights · Revenue of $13.4 million for the\n first quarter of 2026, increasing 14% year over year · Recurring\n revenue was $4.0 million, representing 30% of total revenues for the quarter · Gross margin was 51% and","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-055912","anchor_url":"https://secwatch.observer/filing/0001104659-26-055912#claim-3b6255d3db8538b7cb73ec334e50651096c083c4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926055912/0001104659-26-055912-index.htm"},{"fact_type":"ma_transaction","fact_key":"d7dd73a4ed46aff603d2c219a8f21d184b133316","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2026-05-04","consideration_text":"headline price of $15,000,000","counterparty":"Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod","effective_date":"2026-05-04","item_codes_triggered":["2.01"]},"claim":"908 Devices Inc. completed an acquisition involving Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod for headline price of $15,000,000 (closed 2026-05-04).","evidence_excerpt":"and outstanding\nNIRLAB Shares in exchange for a preliminary consideration (the “Preliminary Consideration”) payable by the Company on the\nClosing Date with a headline price of $15,000,000 (the “Transaction”), comprised of (x) $13,000,000 in cash (the “Cash\nConsideration”) and (y) 293,368 shares of common stock of the Company, par value $0.001 per share (each such","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-055912","anchor_url":"https://secwatch.observer/filing/0001104659-26-055912#claim-d7dd73a4ed46aff603d2c219a8f21d184b133316","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926055912/0001104659-26-055912-index.htm"},{"fact_type":"material_agreement","fact_key":"ad7306082519d0e960e944c0c26abcbcbdd80671","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Share Purchase Agreement","agreement_type":"asset_purchase","counterparty":"Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod","effective_date":"2026-05-04","item_codes_triggered":["1.01"],"value_text":"headline price of $15,000,000"},"claim":"908 Devices Inc. entered into Share Purchase Agreement with Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod valued at headline price of $15,000,000 (effective 2026-05-04).","evidence_excerpt":"On May 4, 2026 (the “Closing Date”), 908 Devices Inc. (the “Company”) completed its acquisition of NIRLAB SA, a corporation organized under the laws of Switzerland (“NIRLAB”), and its wholly owned subsidiary, NIRLAB Forensics Sàrl, a limited liability company organized under the laws of Switzerland (the “Subsidiary” and, together with NIRLAB, the “NIRLAB Group”), pursuant to a Share Purchase Agreement (the “Purchase Agreement”) with Florentin Coppey, Pierre Esseiva, Matteo Delbrück, Parkview Invest AG and Matthieu Girod (each a “Seller” and collectively, the “Sellers”) and NIRLAB.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-26-055912","anchor_url":"https://secwatch.observer/filing/0001104659-26-055912#claim-ad7306082519d0e960e944c0c26abcbcbdd80671","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465926055912/0001104659-26-055912-index.htm"},{"fact_type":"executive_change","fact_key":"5046bbf2db","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2025-06-16T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-06-13","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Christopher D. Brown was appointed as Director at 908 Devices Inc..","evidence_excerpt":"On June 13, 2025, Christopher D. Brown was appointed to the Board to fill the vacancy created following Ms. Eisenberg’s resignation.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-25-059685","anchor_url":"https://secwatch.observer/filing/0001104659-25-059685#claim-5046bbf2db","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465925059685/0001104659-25-059685-index.htm"},{"fact_type":"executive_change","fact_key":"929a725ae7","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2025-06-16T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-06-12","interim":false,"role":"Director","role_category":"director","successor_name":"Christopher D. Brown","successor_named":true},"claim":"Marcia Eisenberg resigned as Director at 908 Devices Inc..","evidence_excerpt":"On June 12, 2025, Marcia Eisenberg resigned from the Board of Directors (the “Board”) of 908 Devices Inc. (the “Company”) and the Compensation Committee of the Board. Her resignation was effective on June 12, 2025 at 5:00 p.m. Eastern Time.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-25-059685","anchor_url":"https://secwatch.observer/filing/0001104659-25-059685#claim-929a725ae7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465925059685/0001104659-25-059685-index.htm"},{"fact_type":"ma_transaction","fact_key":"b3d2bd375b9a331878256965064ce94cf60afe14","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2025-03-04T23:59:59+00:00","payload":{"action":"disposition","closing_date":"2025-03-04","consideration_text":"$70,000,000","counterparty":"Repligen Corporation and Repligen GmbH","effective_date":"2025-03-04","item_codes_triggered":["2.01"]},"claim":"908 Devices Inc. completed a disposition involving Repligen Corporation and Repligen GmbH for $70,000,000 (closed 2025-03-04).","evidence_excerpt":"US Purchaser and the German Purchaser. The purchase price payable\nby the Purchasers for the Transferred Equity Interests and Purchased Assets under the Purchase Agreement was $70,000,000, subject to customary\nadjustment for working capital as more fully set forth in the Purchase Agreement. A portion of the purchase price will be held in escrow\nfor a period of time","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-25-020021","anchor_url":"https://secwatch.observer/filing/0001104659-25-020021#claim-b3d2bd375b9a331878256965064ce94cf60afe14","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465925020021/0001104659-25-020021-index.htm"},{"fact_type":"executive_change","fact_key":"c68e2a55a8","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-06-25T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-06-25","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Michele M. Leonhart was appointed as Director at 908 Devices Inc..","evidence_excerpt":"On June 25, 2024, Michele M. Leonhart was appointed to the Board of Directors (the “Board”) of 908 Devices Inc.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-074581","anchor_url":"https://secwatch.observer/filing/0001104659-24-074581#claim-c68e2a55a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924074581/0001104659-24-074581-index.htm"},{"fact_type":"ma_transaction","fact_key":"8f1d6607f9ffa02f01034257e297852b0c4abc0b","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"action":"acquisition","closing_date":"2024-04-29","consideration_text":"$45.0 million in cash and 1,497,171 unregistered shares of common stock","counterparty":"CAM3 HoldCo, LLC (Seller Entity)","effective_date":"2024-04-29","item_codes_triggered":["2.01"]},"claim":"908 Devices Inc. completed an acquisition involving CAM3 HoldCo, LLC (Seller Entity) for $45.0 million in cash and 1,497,171 unregistered shares of common stock (closed 2024-04-29).","evidence_excerpt":"of Seller Entity’s right, title and interest in and to all of the issued and outstanding equity interests of RedWave\n(the “Transaction”), in exchange for an initial payment of $45.0 million in cash (the “Cash Consideration”),\nand 1,497,171 unregistered shares of common stock, par value $0.001, of the Company (the “Company Common Stock”), which\nreflects closing","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001104659-24-054505","anchor_url":"https://secwatch.observer/filing/0001104659-24-054505#claim-8f1d6607f9ffa02f01034257e297852b0c4abc0b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924054505/0001104659-24-054505-index.htm"},{"fact_type":"earnings_release","fact_key":"faca5b5ec1fc3a5441c59580d5e87f73b69c10eb","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full year 2024","report_date":"2024-04-30","result_type":"guidance_update","revenue_text":"$63.0 million to $65.0 million"},"claim":"908 Devices Inc. reported full year 2024 results: revenue $63.0 million to $65.0 million. Guidance initiated.","evidence_excerpt":"908 Devices now expects full year reported 2024 revenue to be in the range of $63.0 million to $65.0 million, representing 25% to 29% growth over full year 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-054511","anchor_url":"https://secwatch.observer/filing/0001104659-24-054511#claim-faca5b5ec1fc3a5441c59580d5e87f73b69c10eb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924054511/0001104659-24-054511-index.htm"},{"fact_type":"earnings_release","fact_key":"1d5c630b123b1fc509a9bce662e6b3c647376573","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"eps_text":"$0.33","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$10.9 million","period_text":"first quarter ended March 31, 2024","report_date":"2024-04-30","result_type":"reported_results","revenue_text":"$10.0 million"},"claim":"908 Devices Inc. reported first quarter ended March 31, 2024 results: revenue $10.0 million, net income $10.9 million, EPS $0.33. Guidance initiated.","evidence_excerpt":"Revenue was $10.0 million for the three months ended March 31, 2024, a 5% increase over the prior year period. This was primarily driven by an increase in handheld devices revenue offset by a decrease in desktop devices revenue. The installed base grew to 2,914 devices with 53 handheld devices and 8 desktop devices placed during the first quarter 2024. Recurring revenue represented 45% of total revenues in the quarter. Gross profit was $5.0 million for the first quarter of 2024, compared to $4.4 million for the corresponding prior year period. Gross margin was 50% as compared to 46% for the corresponding prior year period. Operating expenses were $17.7 million for the first quarter of 2024, compared to $17.4 million for the corresponding prior year period. This increase was driven by stock-based compensation and legal fees related to our acquisition, offset in part by a reduction in third party commissions and salary and related costs. Net loss was $10.9 million for the first quarter o","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-24-054511","anchor_url":"https://secwatch.observer/filing/0001104659-24-054511#claim-1d5c630b123b1fc509a9bce662e6b3c647376573","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924054511/0001104659-24-054511-index.htm"},{"fact_type":"material_agreement","fact_key":"a56bb9613f77837bb9fe7d7942f0fb3f484ea04d","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-04-30T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Equity Purchase Agreement","agreement_type":"asset_purchase","counterparty":"CAM2 Technologies, LLC (d/b/a RedWave Technology), CAM3 HoldCo, LLC, the beneficial sellers, and Jon Frattaroli as guarantor","effective_date":"2024-04-29","item_codes_triggered":["1.01"],"value_text":"$45.0 million"},"claim":"908 Devices Inc. entered into Equity Purchase Agreement with CAM2 Technologies, LLC (d/b/a RedWave Technology), CAM3 HoldCo, LLC, the beneficial sellers, and Jon Frattaroli as guarantor valued at $45.0 million (effective 2024-04-29).","evidence_excerpt":"On April 29, 2024, 908 Devices Inc. (the “Company”), entered into an Equity Purchase Agreement (the “Purchase Agreement”) with CAM2 Technologies, LLC, a Connecticut limited liability company (d/b/a RedWave Technology) (“RedWave”), CAM3 HoldCo, LLC, a Connecticut limited liability company (“Seller Entity”), each of the holders of outstanding equity interests of Seller Entity (the “Beneficial Sellers”, together with the Seller Entity, the “Sellers”), and Jon Frattaroli, in his capacity as a guarantor for a Beneficial Seller that is an entity pursuant to Section 10.14 of the Purchase Agreement (the “Indirect Beneficial Seller”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-054505","anchor_url":"https://secwatch.observer/filing/0001104659-24-054505#claim-a56bb9613f77837bb9fe7d7942f0fb3f484ea04d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924054505/0001104659-24-054505-index.htm"},{"fact_type":"earnings_release","fact_key":"4ab1a80ea9dc467b5c9df0b75392030c2636d230","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-03-05T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full year 2024","report_date":"2024-03-05","result_type":"guidance_update","revenue_text":"in the range of $52.0 million to $54.0 million"},"claim":"908 Devices Inc. reported full year 2024 results: revenue in the range of $52.0 million to $54.0 million. Guidance initiated.","evidence_excerpt":"2024 Guidance 908 Devices expects full year 2024 revenue to be in the range of $52.0 million to $54.0 million, representing 4% to 8% growth over full year 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-030757","anchor_url":"https://secwatch.observer/filing/0001104659-24-030757#claim-4ab1a80ea9dc467b5c9df0b75392030c2636d230","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924030757/0001104659-24-030757-index.htm"},{"fact_type":"earnings_release","fact_key":"26c6d1534720478cada5be6eab5aa69a5c8943e2","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-03-05T23:59:59+00:00","payload":{"eps_text":"Net loss per share was $1.13","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net loss was $36.4 million","period_text":"the year ended December 31, 2023","report_date":"2024-03-05","result_type":"reported_results","revenue_text":"$50.2 million"},"claim":"908 Devices Inc. reported the year ended December 31, 2023 results: revenue $50.2 million, net income Net loss was $36.4 million, EPS Net loss per share was $1.13.","evidence_excerpt":"Revenue was $50.2 million for the year ended December 31, 2023, a 7% increase over the prior year period. This was primarily driven by a $8.3 million increase in handheld revenues, offset by a $3.0 million decrease in desktop revenues and a $2.0 million decrease in contract revenues. Gross profit was $25.3 million for 2023, compared to $26.0 million for the corresponding prior year period. Gross margin was 50% as compared to 56% for the corresponding prior year period. Operating expenses were $68.1 million for 2023, compared to $61.4 million for the corresponding prior year period. Net loss was $36.4 million for 2023, compared to $33.6 million for the corresponding prior year period. Net loss per share was $1.13 for 2023, compared to a net loss per share of $1.07 for the corresponding prior year period.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-030757","anchor_url":"https://secwatch.observer/filing/0001104659-24-030757#claim-26c6d1534720478cada5be6eab5aa69a5c8943e2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924030757/0001104659-24-030757-index.htm"},{"fact_type":"earnings_release","fact_key":"485a5cec90f405db521864bbb266b089f528225a","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2024-03-05T23:59:59+00:00","payload":{"eps_text":"Net loss per share was $0.23","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net loss was $7.4 million","period_text":"the quarter ended December 31, 2023","report_date":"2024-03-05","result_type":"reported_results","revenue_text":"$14.4 million"},"claim":"908 Devices Inc. reported the quarter ended December 31, 2023 results: revenue $14.4 million, net income Net loss was $7.4 million, EPS Net loss per share was $0.23.","evidence_excerpt":"Revenue was $14.4 million for the three months ended December 31, 2023, a 23% increase over the prior year period. This was primarily driven by an increase in handheld devices revenue. The installed base grew to 2,853 devices with 139 devices placed during the fourth quarter 2023. Recurring revenue represented 33% of total revenues in the quarter. Gross profit was $7.3 million for the fourth quarter of 2023, compared to $5.9 million for the corresponding prior year period. Gross margin was 51% as compared to 51% for the corresponding prior year period. Operating expenses were $17.0 million for the fourth quarter of 2023, compared to $16.3 million for the corresponding prior year period. This increase was driven by stock-based compensation and an increase in commission expenses related to handheld revenues, offset in part by a reduction in general operating costs. Net loss was $7.4 million for the fourth quarter of 2023, narrowing from $9.8 million for the corresponding prior year perio","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-030757","anchor_url":"https://secwatch.observer/filing/0001104659-24-030757#claim-485a5cec90f405db521864bbb266b089f528225a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465924030757/0001104659-24-030757-index.htm"},{"fact_type":"earnings_release","fact_key":"aadb00ad3147bae997d666e7222eaa8c40c8da16","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-11-07T23:59:59+00:00","payload":{"eps_text":"$0.22","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":"Net loss was $7.1 million","period_text":"the quarter ended September 30, 2023","report_date":"2023-11-07","result_type":"reported_results","revenue_text":"$14.3 million"},"claim":"908 Devices Inc. reported the quarter ended September 30, 2023 results: revenue $14.3 million, net income Net loss was $7.1 million, EPS $0.22. Guidance lowered.","evidence_excerpt":"term.\" Third Quarter 2023 Financial Highlights · Revenue of $35.9 million for the first nine months of 2023, increasing 2% compared to first nine months of 2022 · Revenue of $14.3 million for the third quarter 2023, decreasing 9% compared to the third quarter 2022 o Handheld revenue was $11.7 million o Desktop revenue was $2.5 million o Recurring revenue was $3.6","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-115003","anchor_url":"https://secwatch.observer/filing/0001104659-23-115003#claim-aadb00ad3147bae997d666e7222eaa8c40c8da16","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923115003/0001104659-23-115003-index.htm"},{"fact_type":"earnings_release","fact_key":"32f7458596ba7583bbf0bd0833dfe411a19f8bbc","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-08-08T23:59:59+00:00","payload":{"eps_text":"$0.29","guidance_signal":"raised","item_codes_triggered":["2.02"],"net_income_text":"$9.3 million","period_text":"the second quarter ended June 30, 2023","report_date":"2023-08-08","result_type":"reported_results","revenue_text":"$12.1 million"},"claim":"908 Devices Inc. reported the second quarter ended June 30, 2023 results: revenue $12.1 million, net income $9.3 million, EPS $0.29. Guidance raised.","evidence_excerpt":"Revenue was $12.1 million for the three months ended June 30, 2023, a 9% increase over the prior year period. This was primarily driven by growth in handheld devices and recurring revenue. The installed base grew to 2,590 devices with 122 devices placed during the second quarter 2023. Recurring revenue grew $1.1 million to $4.0 million or 39% over the prior year period. This was driven by growth in service revenue as well as handheld accessory and consumable revenues. Gross profit was $5.8 million for the second quarter of 2023, compared to $6.6 million for the corresponding prior year period. Gross margin was 48% as compared to 60% for the corresponding prior year period. The decline in gross margin was largely due to timing of production levels of devices, higher material costs with warranty and manufacturing activities, and the higher non-cash charges for intangible amortization and stock-based compensation during the second quarter of 2023. Operating expenses were $16.7 million for","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-088592","anchor_url":"https://secwatch.observer/filing/0001104659-23-088592#claim-32f7458596ba7583bbf0bd0833dfe411a19f8bbc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923088592/0001104659-23-088592-index.htm"},{"fact_type":"debt_financing","fact_key":"3e81788bb1841b854b91b808f0e6bf6ad64f8921","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-08-08T23:59:59+00:00","payload":{"counterparty":"Silicon Valley Bank, a division of First-Citizens Bank & Trust Company","effective_date":"2023-08-04","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"greater of (i) four and one-half percent (4.50%) and (ii) the 'prime rate' as pu","item_codes_triggered":["2.03"],"maturity_text":"November 2, 2025","principal_text":"up to $10.0 million"},"claim":"908 Devices Inc. amended revolving credit of up to $10.0 million with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company at greater of (i) four and one-half percent (4.50%) and (ii) the 'prime rate' as pu maturing November 2, 2025.","evidence_excerpt":"The Amended Loan Agreement provides for a revolving line of credit of up to $10.0 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-088592","anchor_url":"https://secwatch.observer/filing/0001104659-23-088592#claim-3e81788bb1841b854b91b808f0e6bf6ad64f8921","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923088592/0001104659-23-088592-index.htm"},{"fact_type":"material_agreement","fact_key":"a6dc7f1931958f0c07b2de460de90cdc07c8657b","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-08-08T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Default Waiver and First Amendment to Loan and Security Agreement","agreement_type":"credit_facility","counterparty":"Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (successor by purchase to the Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bridge Bank, N.A. (as successor to Silicon Valley Bank))","effective_date":"2023-08-04","item_codes_triggered":["1.01"],"value_text":"$10.0 million"},"claim":"908 Devices Inc. amended Default Waiver and First Amendment to Loan and Security Agreement with Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (successor by purchase to the Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bridge Bank, N.A. (as successor to Silicon Valley Bank)) valued at $10.0 million (effective 2023-08-04).","evidence_excerpt":"On August 4, 2023, 908 Devices Inc. (the “ Company ”) entered into a Default Waiver and First Amendment to Loan and Security Agreement (the “ Amended Loan Agreement ”), by and between, the Company, as borrower, and Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (successor by purchase to the Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bridge Bank, N.A. (as successor to Silicon Valley Bank)), as lender (the “ Lender ”). The Amended Loan Agreement provides for a revolving line of credit of up to $10.0 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-088592","anchor_url":"https://secwatch.observer/filing/0001104659-23-088592#claim-a6dc7f1931958f0c07b2de460de90cdc07c8657b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923088592/0001104659-23-088592-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e8c326ba32ea93595bfd221cafb2aa731752852a","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-15","outcome":"passed","proposal_text":"Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"0","subject":null,"votes_abstain":"17,323","votes_against":"8,279","votes_for":"30,205,425","votes_withheld":"0"}]},"claim":"908 Devices Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023 at the 2023-06-15 meeting.","evidence_excerpt":"Proposal No. 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. The results were as follows: For Against Abstain 30,205,425 8,279 17,323","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001104659-23-072223","anchor_url":"https://secwatch.observer/filing/0001104659-23-072223#claim-e8c326ba32ea93595bfd221cafb2aa731752852a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923072223/0001104659-23-072223-index.htm"},{"fact_type":"shareholder_vote","fact_key":"2cd9a283d451ff3acae1372c1ce62895be1f9ef0","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-15","outcome":"passed","proposal_text":"Election of Class III Directors","proposal_type":"director_election","results":[{"broker_non_votes":"4,011,139","subject":"Keith L. Crandell","votes_abstain":"0","votes_against":"0","votes_for":"18,477,834","votes_withheld":"7,742,054"},{"broker_non_votes":"4,011,139","subject":"Marcia Eisenberg, Ph.D.","votes_abstain":"0","votes_against":"0","votes_for":"22,322,022","votes_withheld":"3,897,866"},{"broker_non_votes":"4,011,139","subject":"E. Kevin Hrusovsky","votes_abstain":"0","votes_against":"0","votes_for":"19,291,877","votes_withheld":"6,928,011"}]},"claim":"908 Devices Inc. shareholders approved Election of Class III Directors at the 2023-06-15 meeting.","evidence_excerpt":"Proposal No. 1: Election of Class III Directors. The results were as follows: Director For Withheld Broker Non-Votes Keith L. Crandell 18,477,834 7,742,054 4,011,139 Marcia Eisenberg, Ph.D. 22,322,022 3,897,866 4,011,139 E. Kevin Hrusovsky 19,291,877 6,928,011 4,011,139","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001104659-23-072223","anchor_url":"https://secwatch.observer/filing/0001104659-23-072223#claim-2cd9a283d451ff3acae1372c1ce62895be1f9ef0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923072223/0001104659-23-072223-index.htm"},{"fact_type":"earnings_release","fact_key":"fdf48946c5c8ae2f72cfa183e1d20bf1f8f2202b","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-05-09T23:59:59+00:00","payload":{"eps_text":"$0.39","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$12.5 million","period_text":"first quarter ended March 31, 2023","report_date":"2023-05-09","result_type":"reported_results","revenue_text":"$9.5 million"},"claim":"908 Devices Inc. reported first quarter ended March 31, 2023 results: revenue $9.5 million, net income $12.5 million, EPS $0.39. Guidance reaffirmed.","evidence_excerpt":"Revenue was $9.5 million for the three months ended March 31, 2023, a 14% increase over the prior year period. This was primarily driven by growth in handheld devices and recurring revenue. The installed base grew to 2,468 devices with 78 devices placed during the first quarter 2023. Recurring revenue grew $1.7 million to $4.2 million or 67% over the prior year period. This was driven by growth in both accessory and consumable revenues as well as increased service revenue. Gross profit was $4.4 million for the first quarter of 2023, compared to $4.1 million for the corresponding prior year period. Gross margin was 46% as compared to 50% for the corresponding prior year period. The decline in gross margin was largely due to higher non-cash charges for stock-based compensation and intangible amortization during the first quarter of 2023. Operating expenses were $17.4 million for the first quarter of 2023, compared to $13.7 million for the corresponding prior year period. This increase wa","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-057470","anchor_url":"https://secwatch.observer/filing/0001104659-23-057470#claim-fdf48946c5c8ae2f72cfa183e1d20bf1f8f2202b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923057470/0001104659-23-057470-index.htm"},{"fact_type":"earnings_release","fact_key":"a09595bf176a696fe8d89fa483d7e79379b04abd","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-03-07T23:59:59+00:00","payload":{"eps_text":"$1.07 loss per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$33.6 million loss","period_text":"year ended December 31, 2022","report_date":"2023-03-07","result_type":"reported_results","revenue_text":"$46.9 million"},"claim":"908 Devices Inc. reported year ended December 31, 2022 results: revenue $46.9 million, net income $33.6 million loss, EPS $1.07 loss per share.","evidence_excerpt":"Revenue was $46.9 million for the year ended December 31, 2022, a 11% increase over the prior year period.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-029296","anchor_url":"https://secwatch.observer/filing/0001104659-23-029296#claim-a09595bf176a696fe8d89fa483d7e79379b04abd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm"},{"fact_type":"earnings_release","fact_key":"3962b6f8c31c27330f92182cdd77702882a6fbf5","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-03-07T23:59:59+00:00","payload":{"eps_text":"$0.31 loss per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$9.8 million loss","period_text":"three months ended December 31, 2022","report_date":"2023-03-07","result_type":"reported_results","revenue_text":"$11.6 million"},"claim":"908 Devices Inc. reported three months ended December 31, 2022 results: revenue $11.6 million, net income $9.8 million loss, EPS $0.31 loss per share.","evidence_excerpt":"Revenue was $11.6 million for the three months ended December 31, 2022, a 27% decline over the prior year period.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-029296","anchor_url":"https://secwatch.observer/filing/0001104659-23-029296#claim-3962b6f8c31c27330f92182cdd77702882a6fbf5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm"},{"fact_type":"earnings_release","fact_key":"5111195fd7c1a70abae02400636d5204702da1a2","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2023-03-07T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full year 2023","report_date":"2023-03-07","result_type":"guidance_update","revenue_text":"$48 million to $52 million"},"claim":"908 Devices Inc. reported full year 2023 results: revenue $48 million to $52 million. Guidance initiated.","evidence_excerpt":"908 Devices expects full year 2023 revenue to be in the range of $48 million to $52 million, representing 2% to 11% growth over full year 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-029296","anchor_url":"https://secwatch.observer/filing/0001104659-23-029296#claim-5111195fd7c1a70abae02400636d5204702da1a2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465923029296/0001104659-23-029296-index.htm"},{"fact_type":"earnings_release","fact_key":"91bfe1dd281c36a7a6c9a1f8f06bf86292ea146c","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-11-14T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full year 2022","report_date":"2022-11-14","result_type":"guidance_update","revenue_text":"$46 million to $49 million"},"claim":"908 Devices Inc. reported full year 2022 results: revenue $46 million to $49 million. Guidance lowered.","evidence_excerpt":"908 Devices is updating its full year 2022 revenue outlook and now expects revenue to be in the range of $46 million to $49 million, representing growth of 13% over full year 2021 at the midpoint of the range.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001104659-22-117687","anchor_url":"https://secwatch.observer/filing/0001104659-22-117687#claim-91bfe1dd281c36a7a6c9a1f8f06bf86292ea146c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922117687/0001104659-22-117687-index.htm"},{"fact_type":"earnings_release","fact_key":"39f857372a6798fc3438e0e3a74fbc57f90ab756","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-11-14T23:59:59+00:00","payload":{"eps_text":"$0.20","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$6.3 million","period_text":"third quarter ended September 30, 2022","report_date":"2022-11-14","result_type":"reported_results","revenue_text":"$15.8 million"},"claim":"908 Devices Inc. reported third quarter ended September 30, 2022 results: revenue $15.8 million, net income $6.3 million, EPS $0.20.","evidence_excerpt":"Revenue was $15.8 million for the three months ended September 30, 2022, a 26% increase over the prior year period. This increase was primarily driven by product revenue from an increase in handheld recurring revenue and desktop device placements. Desktop revenue grew 51% year over year because of both increased device sales and increased recurring revenue. The installed base grew to 2,317 placements with 175 devices placed in Q3 2022. Gross profit was $9.3 million for the third quarter of 2022, compared to $6.8 million for the corresponding prior year period. Gross margin was 59%, as compared to 54% for the corresponding prior year period. The increase in gross margin was driven by the increased product and service revenue and an increase in the average selling price for devices, offset in part by planned investments in personnel and expenses in calendar year 2021 and the first nine months of 2022. Operating expenses were $16.5 million for the third quarter of 2022, compared to $12.1","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001104659-22-117687","anchor_url":"https://secwatch.observer/filing/0001104659-22-117687#claim-39f857372a6798fc3438e0e3a74fbc57f90ab756","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922117687/0001104659-22-117687-index.htm"},{"fact_type":"debt_financing","fact_key":"a99544f362bbb820b4aba6d66dccd71ac453fac7","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-11-08T23:59:59+00:00","payload":{"counterparty":"Silicon Valley Bank","effective_date":"2022-11-02","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"greater of (i) 3.50% and (ii) prime rate minus 0.50%","item_codes_triggered":["2.03"],"maturity_text":"November 2, 2025","principal_text":"$35.0 million"},"claim":"908 Devices Inc. incurred revolving credit of $35.0 million with Silicon Valley Bank at greater of (i) 3.50% and (ii) prime rate minus 0.50% maturing November 2, 2025.","evidence_excerpt":"On November 2, 2022, 908 Devices Inc. (the “ Company ”) entered into a Loan and Security Agreement (the “ Loan Agreement ”), by and between, the Company, as borrower, and Silicon Valley Bank, as lender (the “ Lender ”). The Loan Agreement provides for a revolving line of credit of up to $35.0 million.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-22-115727","anchor_url":"https://secwatch.observer/filing/0001104659-22-115727#claim-a99544f362bbb820b4aba6d66dccd71ac453fac7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922115727/0001104659-22-115727-index.htm"},{"fact_type":"material_agreement","fact_key":"877bdc8a50acf1bef6fc8c6a948a31870f5585f7","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-11-08T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Prior Loan Agreement","agreement_type":"credit_facility","counterparty":"Signature Bank","effective_date":"2022-11-02","item_codes_triggered":["1.01","1.02"],"value_text":"revolving line of credit of up to $25.0 million"},"claim":"908 Devices Inc. terminated Prior Loan Agreement with Signature Bank valued at revolving line of credit of up to $25.0 million (effective 2022-11-02).","evidence_excerpt":"the Company’s previous $25.0 million revolving line of credit (the “ Prior Loan Agreement ”), entered into on March 11, 2021, by and between the Company , as borrower, and Signature Bank, as lender . The Company’s obligations under the Prior Loan Agreement were satisfied in full and the Prior Loan Agreement was terminated","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001104659-22-115727","anchor_url":"https://secwatch.observer/filing/0001104659-22-115727#claim-877bdc8a50acf1bef6fc8c6a948a31870f5585f7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922115727/0001104659-22-115727-index.htm"},{"fact_type":"material_agreement","fact_key":"caa51cf5008287f32c587b763d27a2fc0c9db160","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-11-08T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Loan and Security Agreement","agreement_type":"credit_facility","counterparty":"Silicon Valley Bank","effective_date":"2022-11-02","item_codes_triggered":["1.01","1.02"],"value_text":"revolving line of credit of up to $35.0 million"},"claim":"908 Devices Inc. entered into Loan and Security Agreement with Silicon Valley Bank valued at revolving line of credit of up to $35.0 million (effective 2022-11-02).","evidence_excerpt":"908 Devices Inc. (the \" Company \") entered into a Loan and Security Agreement (the \" Loan Agreement \"), by and between, the Company, as borrower, and Silicon Valley Bank, as lender (the \" Lender \"). The Loan Agreement provides for a revolving line of credit of up to $35.0 million.","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001104659-22-115727","anchor_url":"https://secwatch.observer/filing/0001104659-22-115727#claim-caa51cf5008287f32c587b763d27a2fc0c9db160","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922115727/0001104659-22-115727-index.htm"},{"fact_type":"executive_change","fact_key":"68fa3d3250","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-04-11T23:59:59+00:00","payload":{"action":"not stand for re-election","action_category":"departure","departure_tone":"routine","effective_date":null,"interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Nicolas Barthelemy departed as Director at 908 Devices Inc..","evidence_excerpt":"On April 11, 2022, Nicolas Barthelemy advised the Board of Directors (the “Board”) of 908 Devices Inc. (the “Company”) of his decision not to stand for re-election as a member of the Board at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”) to be held in June 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-22-044640","anchor_url":"https://secwatch.observer/filing/0001104659-22-044640#claim-68fa3d3250","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922044640/0001104659-22-044640-index.htm"},{"fact_type":"executive_change","fact_key":"e51787b173","cik":1555279,"ticker":"MASS","company_name":"908 Devices Inc.","filed_at":"2022-03-02T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2022-03-02","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Tony J. Hunt was appointed as Director at 908 Devices Inc..","evidence_excerpt":"On March 2, 2022, Tony J. Hunt was appointed to the Board of Directors","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-22-029353","anchor_url":"https://secwatch.observer/filing/0001104659-22-029353#claim-e51787b173","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1555279/000110465922029353/0001104659-22-029353-index.htm"}]}