Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
zSpace, Inc. incurred term loan of $1,100,000 with Itria Ventures LLC at 18.00% per year maturing February 26, 2026.
- Instrument
- term loan
- Principal
- $1,100,000
- Counterparty
- Itria Ventures LLC
- Rate
- 18.00% per year
- Maturity
- February 26, 2026
- Event
- incurrence
Exact text from the filing
On February 26, 2025, zSpace, Inc. (the “Company”) entered into two Loan and Security Agreements the (“Loan Agreements”) with Itria Ventures LLC (the “Lender”). Pursuant to the Loan Agreements, the Lender provided the Company with term loans in the principal amounts of $1,100,000 and $900,000 (the “Loans”). The Loans bear interest at a rate of 18.00% per year (subject to increases upon an event of default) and are payable on a monthly basis in 12 equal installments, maturing on February 26, 2026.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
zSpace, Inc. incurred term loan of $900,000 with Itria Ventures LLC at 18.00% per year maturing February 26, 2026.
- Instrument
- term loan
- Principal
- $900,000
- Counterparty
- Itria Ventures LLC
- Rate
- 18.00% per year
- Maturity
- February 26, 2026
- Event
- incurrence
Exact text from the filing
On February 26, 2025, zSpace, Inc. (the “Company”) entered into two Loan and Security Agreements the (“Loan Agreements”) with Itria Ventures LLC (the “Lender”). Pursuant to the Loan Agreements, the Lender provided the Company with term loans in the principal amounts of $1,100,000 and $900,000 (the “Loans”). The Loans bear interest at a rate of 18.00% per year (subject to increases upon an event of default) and are payable on a monthly basis in 12 equal installments, maturing on February 26, 2026.
View on SEC.gov