8-K
filed January 29, 2026, 6:59 PM ET
ticker ZSPC
CIK 0001637147
other material
confidence high
sentiment neutral
materiality 0.80
zSpace raises $3M in initial closing of up to $10M PIPE, issues Series P Preferred and warrants
zSpace, Inc.
- On Jan 23, 2026, zSpace signed a Securities Purchase Agreement with an institutional investor for up to $10M in Series P Preferred Stock and warrants.
- At initial closing on Jan 27, 2026, investor purchased 1.5M shares of Series P Preferred at $2.00/share and warrants for 1M shares at $3.00 exercise price for $3M.
- Series P Preferred carries an 18% annual cumulative dividend payable in additional Preferred shares, and holders may convert after 3 years.
- zSpace filed a Certificate of Designations establishing the Series P Preferred Stock, with up to 5M shares authorized.
- The securities were issued in a private placement exempt from registration under Section 4(a)(2) and Rule 506.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
zSpace, Inc. issued 1,500,000 shares of Series P Preferred Stock of preferred stock to an institutional investor for aggregate purchase price of $3,000,000; $2.00 per share.
- Security
- preferred stock
- Shares
- 1,500,000 shares of Series P Preferred Stock
- Purchaser
- an institutional investor
- Consideration
- aggregate purchase price of $3,000,000; $2.00 per share
Exact text from the filing
At the initial closing held on January 27, 2026 (the “Initial Closing”), the Purchaser purchased 1,500,000 shares of Series P Preferred Stock and Warrants to purchase 1,000,000 shares of Common Stock for an aggregate purchase price of $3,000,000.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
zSpace, Inc. issued Warrants to purchase 1,000,000 shares of Common Stock of warrant to an institutional investor for initial exercise price $3.00 per share.
- Security
- warrant
- Shares
- Warrants to purchase 1,000,000 shares of Common Stock
- Purchaser
- an institutional investor
- Consideration
- initial exercise price $3.00 per share
Exact text from the filing
Stock for an aggregate purchase price of $3,000,000. The initial purchase price per share of Series P Preferred Stock was $2.00. The initial exercise price for the Warrants is $3.00 per share, subject to standard and customary adjustments. The Company and the Purchaser may mutually agree to additional closings within one year of the Initial Closing, up to an
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
zSpace, Inc.: Filed Certificate of Designations establishing Series P Convertible Preferred Stock, with terms including cumulative 18% dividends, voting rights, and conversion provisions (effective 2026-01-27).
- Change
- charter amendment
- Effective
- 2026-01-27
Exact text from the filing
On January 27, 2026, the Company filed a Certificate of Designations of Series P Convertible Preferred Stock (the “Certificate of Designations”) with the Secretary of State of the State of Delaware.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
zSpace, Inc. entered into Securities Purchase Agreement with an institutional investor valued at $3,000,000 (effective 2026-01-23).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- an institutional investor
- Value
- $3,000,000
- Effective
- 2026-01-23
Exact text from the filing
On January 23, 2026, zSpace, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with an institutional investor (the “Purchaser”), pursuant to which the Company agreed to issue and sell to the Purchaser shares of the Company’s Series P Preferred Stock (as defined below), and five-year warrants (the “Warrants”) to purchase shares of the Company’s common stock, par value $0.00001 per share (the “Common Stock”) in one or more closings. At the initial closing held on January 27, 2026 (the “Initial Closing”), the Purchaser purchased 1,500,000 shares of Series P Preferred Stock and Warrants to purchase 1,000,000 shares of Common Stock for an aggregate purchase price of $3,000,000.
View on SEC.gov
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