{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-041635","form_type":"8-K","ticker":"QSI","cik":"0001816431","company_name":"Quantum-Si Inc","filed_at":"2023-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.390143+00:00","generated_at":"2026-06-11T02:28:17.163960+00:00","sec_items":["2.05","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quantum-Si announces 16% workforce reduction; President/COO Schneider departs","bullets":["Restructuring to cut ~16% of workforce; expects $2.5M cash severance charge and $0.3M non-cash stock option modification expense in H2 2023.","President and COO Patrick Schneider steps down effective August 28, 2023; separation agreement to follow.","CEO Jeffrey Hawkins appointed as President in addition to his CEO role; no additional compensation.","Restructuring aimed at decreasing costs and streamlining organization; expected to complete in Q4 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-041635","json":"https://secwatch.observer/filing/0001140361-23-041635.json","markdown":"https://secwatch.observer/filing/0001140361-23-041635.md","text":"https://secwatch.observer/filing/0001140361-23-041635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1816431/000114036123041635/0001140361-23-041635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1816431/000114036123041635/brhc20058135_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:28:17.163960+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":"03d7daa9a4","claim":"Patrick Schneider departed as President and Chief Operating Officer at Quantum-Si Inc.","evidence_excerpt":"On August 28, 2023 (the “Effective Date”), the Company and Patrick Schneider, Ph.D. , the Company’s current President and Chief Operating Officer, mutually determined that Dr. Schneider w ill step down from such roles, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816431/000114036123041635/0001140361-23-041635-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"step down"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"2a17cd2368","claim":"Jeffrey Hawkins was appointed as President at Quantum-Si Inc.","evidence_excerpt":"the Company’s board of directors (the “Board”) appointed Jeffrey Hawkins, the Company’s current Chief Executive Officer and member of the Board, as President of the Company, effective as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816431/000114036123041635/0001140361-23-041635-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"a20d0df0103e134b5bcfa1810ab2a4854e4607b7","claim":"Quantum-Si Inc announced a restructuring with charges of approximately $2.5 million affecting organizational restructuring (approximately 16% of its workforce).","evidence_excerpt":"with the restructuring, the Company expects that it will recognize over the remainder of 2023 a one-time cash charge related to severance and other benefits of approximately $2.5 million. In addition, the Company expects to recognize non-cash expense over the remainder of 2023 in the amount of approximately $0.3 million related to stock option modifications. The","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1816431/000114036123041635/0001140361-23-041635-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $2.5 million"},{"label":"Affected area","value":"organizational restructuring"},{"label":"Headcount","value":"approximately 16% of its workforce"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}