secwatch.observer — SEC 8-K summary
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Issuer:     Hyperfine, Inc. (HYPR)
CIK:        0001833769
Form:       8-K
Filed at:   2022-11-23T23:59:59+00:00
Accession:  0001193125-22-292024
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hyperfine amends executive severance plan to cover only CEO
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- Board amended Severance Plan effective Nov 22, 2022 to limit participation to CEO only.
- Non-CIC severance: salary continuation over period equal to multiplier × 12 months.
- CIC severance: lump sum of salary + target bonus × CIC multiplier, plus full equity vesting.
- Severance benefits conditioned on signing release and compliance with restrictive covenants.
- Terms otherwise unchanged from prior plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833769/000119312522292024/0001193125-22-292024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833769/000119312522292024/d406603d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-292024

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