zSpace, Inc. (ZSPC): debt financing — zSpace refinances Itria debt with $1.34M loan at 18.99%, defers Fiza interest to Dec 2026

zSpace, Inc.

New $1,344,500 Itria term loan at 18.99% APR, 24-month term, second-priority lien on assets.
Proceeds repaid two existing $1M Itria loans; prior agreements and security interests terminated.
Fiza Amendment No. 4 defers interest payments until Dec 31, 2026; accrued interest is capitalized.
Prepayment allowed after first month; 1.5% prepayment fee if within first 12 months.
New loan subordinated to senior lender 3i, LP under amended intercreditor agreement.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

zSpace, Inc. incurred term loan of $1,344,500 with Itria Ventures LLC at 18.99% per year maturing 24-month anniversary of the funding date.

Instrument: term loan
Principal: $1,344,500
Counterparty: Itria Ventures LLC
Rate: 18.99% per year
Maturity: 24-month anniversary of the funding date
Event: incurrence

Exact text from the filing

the Lender agreed to provide the Company with a term loan in the principal amount of $1,344,500 (the “New Loan”) at an interest rate of 18.99% per year.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

zSpace, Inc. amended Fiza Amendment with Fiza Investments Limited (effective 2026-03-22).

Action: amendment
Agreement: credit facility
Counterparty: Fiza Investments Limited
Effective: 2026-03-22

Exact text from the filing

On March 22, 2026, the Company and Fiza Investments Limited (“Fiza”) entered into an Amendment No. 4 (the “Fiza Amendment”) to Loan and Security Agreement dated July 11, 2024 (as amended, the “Fiza Loan Agreement”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

zSpace, Inc. terminated a credit facility with Itria Ventures LLC (effective 2026-03-19).

Action: termination
Agreement: credit facility
Counterparty: Itria Ventures LLC
Effective: 2026-03-19

Exact text from the filing

In connection with the entry into the New Loan Agreement described in Item 1.01 above, the Company repaid all outstanding principal, accrued interest, and applicable fees under the two prior Loan and Security Agreements with Itria Ventures LLC dated August 20, 2025.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

zSpace, Inc. entered into New Loan Agreement with Itria Ventures LLC valued at $1,344,500 (effective 2026-03-19).

Action: entry
Agreement: credit facility
Counterparty: Itria Ventures LLC
Value: $1,344,500
Effective: 2026-03-19

Exact text from the filing

On March 19, 2026, zSpace, Inc. (the “Company”), entered into a new Loan and Security Agreement the (“New Loan Agreement”) with Itria Ventures LLC (the “Lender”) in connection with the refinancing of all of its outstanding debt with the Lender.

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101 debt financings filed in the last 30 days. Browse all debt financings →

zSpace, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-033600

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