secwatch.observer — SEC 8-K summary
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Issuer:     zSpace, Inc. (ZSPC)
CIK:        0001637147
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001104659-24-126545
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

zSpace prices $9.4M IPO at $5/share, lists on Nasdaq Dec 5 under 'ZSPC'
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- Sold 1,875,000 shares at $5; underwriters exercised full over-allotment of 281,250 shares.
- Gross proceeds approximately $10.8M; net proceeds ~$8.3M for growth, product development, and working capital.
- Common stock began trading on Nasdaq Global Market on Dec 5, 2024 under ticker ZSPC.
- Four new directors appointed: Joanna Morris, Abhay Pande, Angela Galardi Prince, and Jane Swift.
- Lock-up agreements: 365 days for three controlling stockholders; 180 days for executives and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637147/000110465924126545/0001104659-24-126545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637147/000110465924126545/tm244059d41_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-126545

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer