---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-274593"
form_type: "8-K"
ticker: "HYPR"
cik: "0001833769"
company_name: "Hyperfine, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:34:31.060582+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hyperfine signs $50M at-the-market equity offering agreement with B. Riley

## Summary
- Hyperfine entered into an ATM Sales Agreement with B. Riley Securities for up to $50M of Class A common stock.
- Commission to B. Riley is 3.0% of gross proceeds; sales subject to effectiveness of Form S-3 filed Nov 9, 2023.
- Company may sell shares at its discretion from time to time with no minimum obligation; ATM sales under Rule 415.
- Proceeds not specified; offering provides capital-raising flexibility with potential dilution.

## SEC filing metadata
- accession: 0001193125-23-274593
- form_type: 8-K
- ticker: HYPR
- cik: 0001833769
- company_name: Hyperfine, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833769/000119312523274593/0001193125-23-274593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833769/000119312523274593/d287440d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-274593
- JSON: https://secwatch.observer/filing/0001193125-23-274593.json
- Plain text: https://secwatch.observer/filing/0001193125-23-274593.txt

## Key facts
- Material Agreements
  Hyperfine, Inc. entered into Sales Agreement with B. Riley Securities, Inc. valued at $50.0 million (effective 2023-11-09).
  - Action: entry
  - Agreement: atm program
  - Counterparty: B. Riley Securities, Inc.
  - Value: $50.0 million
  - Effective: 2023-11-09
  source text: On November 9, 2023, Hyperfine, Inc. (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (“B. Riley”) with respect to an at-the-market offering program under which the Company may offer and sell, from time to time at its sole discretion, shares of its Class A common stock, par value $0.0001 per share (the “Class A common stock”), having an aggregate offering price of up to $50.0 million (the “Placement Shares”) through or to B. Riley as sales agent or principal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833769/000119312523274593/0001193125-23-274593-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
