secwatch.observer — SEC 8-K summary
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Issuer:     Hyperfine, Inc. (HYPR)
CIK:        0001833769
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001193125-22-251269
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Hyperfine stockholder-approved option repricing covers up to 5.5M shares; exec options repriced to market
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- Option repricing covers up to 5,496,799 shares of Class A common stock held by eligible employees, including execs.
- Exercise price reduced to the closing price on the effective date (expected Oct 31, 2022); no repricing for Jonathan Rothberg.
- R. Scott Huennekens (Exec Chair) holds 1,424,623 options repriced at $3.28 weighted avg; Alok Gupta (CFO) 254,333 at $3.90.
- Stockholders representing 84.7% of voting power approved the repricing via written consent on Sept 26, 2022.
- Company states repricing not expected to have a material impact on its statement of operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833769/000119312522251269/0001193125-22-251269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833769/000119312522251269/d319759d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-251269

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer