secwatch.observer — SEC 8-K summary
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Issuer:     ProSomnus, Inc. (—)
CIK:        0001934064
Form:       8-K
Filed at:   2024-04-19T23:59:59+00:00
Accession:  0001104659-24-049472
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/0001104659-24-049472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934064/000110465924049472/tm2412243d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-049472

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