{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-071399","form_type":"8-K","ticker":"NPCE","cik":"0001528287","company_name":"NeuroPace Inc","filed_at":"2025-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.629113+00:00","generated_at":"2026-05-23T23:35:17.077098+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NeuroPace drops SEEG distribution deal to focus on core RNS System; reaffirms 2025 guidance","bullets":["Terminated exclusive DIXI Medical SEEG distribution; wind down begins Q4 2025 through Q1 2026.","CEO cites strategic refocus on RNS System; expects growth from Project CARE, indication expansions, AI software.","Maintaining 2025 revenue guidance; no change to long-range plan of 20%+ CAGR and cash flow breakeven by end of 2027.","Gross margin expected to improve: SEEG margin ~50% vs. RNS margin >78%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-071399","json":"https://secwatch.observer/filing/0001193125-25-071399.json","markdown":"https://secwatch.observer/filing/0001193125-25-071399.md","text":"https://secwatch.observer/filing/0001193125-25-071399.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1528287/000119312525071399/0001193125-25-071399-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1528287/000119312525071399/d949067d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T23:35:17.077098+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}