Matt Cole
In connection with Mr. Rheinheimer’s retirement, the Company has named Matt Cole as his successor.
Highest-materiality recent filing
zSpace Q1 revenue $5.3M, net loss up to $6.9M; Board launches strategic review
Revenue $5.3M, down 22% YoY; net loss ($5.9M)-($6.9M) vs ($5.8M).
zSpace receives Nasdaq delisting notice; stock below $0.10 for 10 days
Received delisting notice April 21 after closing bid price ≤$0.10 for 10 consecutive trading days.
zSpace to effect 1-for-25 reverse stock split on April 20, 2026 to regain Nasdaq compliance
Reverse split effective 11:59 p.m. ET April 20; trading on split-adjusted basis begins April 21.
zSpace Q4 revenue falls 44% YoY to $4.8M; net loss widens to $7.3M, cash drops to $1.0M
Q4 2025 revenue $4.8M (down 44% YoY); full year $27.9M (down 27% YoY).
zSpace refinances Itria debt with $1.34M loan at 18.99%, defers Fiza interest to Dec 2026
New $1,344,500 Itria term loan at 18.99% APR, 24-month term, second-priority lien on assets.
zSpace issues $4.3M additional convertible note, repays $2M debt to same investor
Amendment to SPA enables multiple closings; second closing occurred March 16, 2026.
zSpace raises $3M in initial closing of up to $10M PIPE, issues Series P Preferred and warrants
On Jan 23, 2026, zSpace signed a Securities Purchase Agreement with an institutional investor for up to $10M in Series P Preferred Stock and warrants.
zSpace lowers convertible note floor price to $0.22; relaxes equity conditions
Amendment #2 to $13.98M senior secured convertible note with 3i, LP effective Jan 8, 2026.
zSpace receives Nasdaq delisting notice for bid price below $1; two directors resign
Received Nasdaq notice that bid price below $1.00 for 30 consecutive business days; 180-day compliance period until June 9, 2026.
zSpace receives Nasdaq deficiency notice for MVLS below $35M
Received Nasdaq notice on Nov 25, 2025 for failing minimum $35M MVLS for 30+ consecutive business days.
zSpace Q3 revenue falls to $8.8M, net loss widens to $6.2M
Revenue of $8.8M, down 38% YoY; net loss of $6.2M vs $0.2M loss year ago.
zSpace amends convertible note, lowers floor price to $0.60, settles past defaults
Amendment reduces Floor Price from $1.98 to $0.60; VWAP condition lowered to $0.75, volume condition to $200K.
zSpace receives Nasdaq delisting notice for MVPHS below $15M
Notice received Oct 1, 2025; MVPHS below $15M for 30 consecutive business days.
zSpace Q2 2025 revenue flat at $7.5M; net loss widens to $6.1M, bookings down 54%
Revenue of $7.5M unchanged YoY; net loss ($6.1M) vs ($4.7M) in Q2 2024.
Audit Committee approved UHY LLP as independent auditor for FY2025 and dismissed BDO USA, P.C., effective May 16, 2025.
In connection with Mr. Rheinheimer’s retirement, the Company has named Matt Cole as his successor.
On June 11, 2025, zSpace, Inc. (the “Company”) and Ron Rheinheimer, Chief Sales Officer of the Company, mutually agreed that Mr. Rheinheimer will resign from his role as Chief Sales Officer of the Company in connection with his retirement after 9 years with the Company.
Max materiality 1.00 · Median 0.70 · Most common event other_material