---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-125032"
form_type: "8-K"
ticker: null
cik: "0001934064"
company_name: "ProSomnus, Inc."
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:14:01.475287+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ProSomnus shareholders approve share increase, equity plan expansion; converts note rate up

## Summary
- Authorized shares increased from 101M to 151.5M (150M common, 1.5M preferred) effective Dec 8, 2023.
- Stockholders approved adding 3,588,717 shares to the 2022 Equity Incentive Plan.
- Conversion rate on Subordinated Convertible Notes due 2026 rose from ~192.38 to ~222.22 shares per $1,000 principal.
- New employment agreements for named executives (Liptak, Dow, Kim) with severance: CEO 12/24 months base salary (regular/CIC).

## SEC filing metadata
- accession: 0001104659-23-125032
- form_type: 8-K
- cik: 0001934064
- company_name: ProSomnus, Inc.
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/0001104659-23-125032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/tm2332457d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-125032
- JSON: https://secwatch.observer/filing/0001104659-23-125032.json
- Plain text: https://secwatch.observer/filing/0001104659-23-125032.txt

## Key facts
- Governance Changes
  ProSomnus, Inc.: Amendment to increase authorized shares from 101,000,000 to 151,500,000 (effective 2023-12-08).
  - Change: charter amendment
  - Effective: 2023-12-08
  source text: The Company filed the Certificate Amendment on December 8, 2023 with the Secretary of State of the State of Delaware, and the Certificate Amendment became effective upon filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/0001104659-23-125032-index.htm
- Shareholder Votes
  ProSomnus, Inc. shareholders approved Nasdaq Issuance Proposal at the 2023-12-06 meeting.
  - Outcome: passed
  - Meeting: 2023-12-06
  source text: The votes cast at the Special Meeting were as follows: For Against Abstained Broker Non-Votes 11,862,654 173,111 15,500 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/0001104659-23-125032-index.htm
- Shareholder Votes
  ProSomnus, Inc. shareholders approved Authorized Share Increase Proposal at the 2023-12-06 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-12-06
  source text: The votes cast at the Special Meeting were as follows: For Against Abstained Broker Non-Votes 11,644,706 390,414 16,145 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/0001104659-23-125032-index.htm
- Shareholder Votes
  ProSomnus, Inc. shareholders approved Equity Pool Increase Proposal at the 2023-12-06 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-12-06
  source text: The votes cast at the Special Meeting were as follows: For Against Abstained Broker Non-Votes 11,292,344 410,774 348,147 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465923125032/0001104659-23-125032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.