NeuroPace completes repurchase of 5.27M shares from KCK Ltd., terminates ATM program

NeuroPace Inc

Repurchased 5,270,845 shares of common stock from KCK Ltd., allowing an organized sale of KCK's entire stake.
Funded repurchase using a portion of proceeds from recent underwritten public offering.
Company expects sufficient cash runway to achieve cash flow breakeven.
Terminated existing ATM equity offering program with $38.3M remaining capacity.
CEO thanks KCK for support; believes balance sheet supports long-range plan from investor day.

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