debt
confidence high
sentiment negative
materiality 0.70
zSpace lowers convertible note floor price to $0.22; relaxes equity conditions
zSpace, Inc.
- Amendment #2 to $13.98M senior secured convertible note with 3i, LP effective Jan 8, 2026.
- Floor price reduced from $0.60 to $0.22 per share; increases potential dilution.
- Equity conditions: minimum 20-day VWAP lowered from $0.75 to $0.30.
- Average daily trading volume condition remains $200K; other terms unchanged.
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