{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-100452","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2025-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.006275+00:00","generated_at":"2026-05-17T03:24:05.871355+00:00","sec_items":["1.01","5.07","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"zSpace amends convertible note, lowers floor price to $0.60, settles past defaults","bullets":["Amendment reduces Floor Price from $1.98 to $0.60; VWAP condition lowered to $0.75, volume condition to $200K.","Company to pay $509,494 cash by Oct 16 and $108,937 by Nov 14 to satisfy Cash True-Up Amounts from missed installments.","Holder waived all known past Events of Default and default rate interest through the effective date.","Annual meeting elected directors Joanna Morris, Abhay Pande, Angela Prince, Jane Swift; ratified UHY LLP as auditor.","Stockholders approved issuance of shares under the April 11 convertible note and the July 7 Common Stock Purchase Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-100452","json":"https://secwatch.observer/filing/0001104659-25-100452.json","markdown":"https://secwatch.observer/filing/0001104659-25-100452.md","text":"https://secwatch.observer/filing/0001104659-25-100452.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465925100452/0001104659-25-100452-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465925100452/tm2528843d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:24:05.871355+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}