---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-049472"
form_type: "8-K"
ticker: null
cik: "0001934064"
company_name: "ProSomnus, Inc."
filed_at: "2024-04-19T23:59:59+00:00"
generated_at: "2026-06-03T16:58:16.599678+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ProSomnus issues $2M in 9% senior secured convertible notes due 2025 to existing investors

## Summary
- $2,000,000 aggregate principal of Additional Notes issued under existing Indenture dated Dec 6, 2022.
- Interest at 9% per annum, payable quarterly in cash beginning Oct 1, 2024.
- Notes mature Dec 6, 2025, secured on pari passu basis with existing notes.
- Offered to certain existing ProSomnus investors in unregistered sale under Section 4(a)(2).
- Holders of existing notes consented to the issuance of these Additional Notes.

## SEC filing metadata
- accession: 0001104659-24-049472
- form_type: 8-K
- cik: 0001934064
- company_name: ProSomnus, Inc.
- filed_at: 2024-04-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/0001104659-24-049472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/tm2412243d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-049472
- JSON: https://secwatch.observer/filing/0001104659-24-049472.json
- Plain text: https://secwatch.observer/filing/0001104659-24-049472.txt

## Key facts
- Debt Financings
  ProSomnus, Inc. incurred convertible notes of $2,000,000 aggregate principal amount with certain existing ProSomnus investors at 9% per annum maturing December 6, 2025.
  - Instrument: convertible notes
  - Principal: $2,000,000 aggregate principal amount
  - Counterparty: certain existing ProSomnus investors
  - Rate: 9% per annum
  - Maturity: December 6, 2025
  - Event: incurrence
  source text: On April 17, 2024, ProSomnus, Inc. (the “Company”) issued and sold to certain existing ProSomnus investors $2,000,000 aggregate principal amount of the Company’s Senior Secured Convertible Notes due December 6, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/0001104659-24-049472-index.htm
- Material Agreements
  ProSomnus, Inc. entered into Additional Notes with certain existing ProSomnus investors valued at $2,000,000 aggregate principal amount (effective 2024-04-17).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain existing ProSomnus investors
  - Value: $2,000,000 aggregate principal amount
  - Effective: 2024-04-17
  source text: On April 17, 2024, ProSomnus, Inc. (the “Company”) issued and sold to certain existing ProSomnus investors $2,000,000 aggregate principal amount of the Company’s Senior Secured Convertible Notes due December 6, 2025 (the “Additional Notes”) related to that certain Indenture, dated December 6, 2022, as supplemented by the First Supplemental Indenture entered into on June 29, 2023 (the “First Supplemental Indenture”) and the Second Supplemental Indenture entered into on September 20, 2023 (the “Second Supplemental Indenture”), by and among the Company, ProSomnus Holdings, Inc. and ProSomnus Sleep Technologies, Inc., as guarantors (the “Subsidiary Guarantors”), and Wilmington Trust, National Association, as trustee and collateral agent (as so supplemented, the “Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/0001104659-24-049472-index.htm

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