---
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"
generated_at: "2026-05-17T03:24:05.871355+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# zSpace amends convertible note, lowers floor price to $0.60, settles past defaults

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-100452
- JSON: https://secwatch.observer/filing/0001104659-25-100452.json
- Plain text: https://secwatch.observer/filing/0001104659-25-100452.txt

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