{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-120649","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2025-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.007107+00:00","generated_at":"2026-05-16T13:21:30.904446+00:00","sec_items":["3.01","5.02"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"zSpace receives Nasdaq delisting notice for bid price below $1; two directors resign","bullets":["Received Nasdaq notice that bid price below $1.00 for 30 consecutive business days; 180-day compliance period until June 9, 2026.","To regain compliance, bid price must close at $1.00+ for 10 consecutive business days; company evaluating options.","Board reduced from 7 to 5 directors; Angela Prince and Pankaj Gupta stepped down Dec 9, 2025 with no disagreement.","Mr. Gupta remains as board observer; Jane Swift appointed to Audit Committee, Joanna Morris as Nominating Chair.","Compensation and Nominating committees both reduced from three to two directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-120649","json":"https://secwatch.observer/filing/0001104659-25-120649.json","markdown":"https://secwatch.observer/filing/0001104659-25-120649.md","text":"https://secwatch.observer/filing/0001104659-25-120649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465925120649/0001104659-25-120649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465925120649/zspc-20251209x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:21:30.904446+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":[{"claim_id":"8dda8efab23a1c5aa65cef6702192ecc89f8b1c9","claim":"zSpace, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"December 11, 2025, zSpace, Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the continued listing requirement set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed companies to maintain a minimum bid price of at least $1.00. Based on the Staff’s review of the Company’s closing bid price, the Company’s closing bid price was below $1.00 for the previous 30 consecutive business days. The Notice has no immediate effect on","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000110465925120649/0001104659-25-120649-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}