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-0.0704676489429853 -0.0794362588084563 -0.0659833440102499 -0.060217809096733 0.0192184497117233 -0.00896860986547093 -0.0313901345291481 -0.0313901345291481
Stock impact report

zSpace, Inc. Announces Additional $4.3 Million Senior Secured Convertible Note Issuance

zSpace, Inc. - Common stock (ZSPC) 
Company Research Source: GlobeNewswire
SAN JOSE, Calif., March 17, 2026 (GLOBE NEWSWIRE) -- zSpace, Inc. (NASDAQ: ZSPC), a leading provider of augmented and virtual reality (AR/VR) solutions for education, today announced that it has issued an additional $4,301,075 senior secured convertible note to an institutional investor pursuant to the terms of its previously announced securities purchase agreement. The additional note was issued on March 16, 2026 under the company’s previously announced senior secured convertible note financing, originally entered into on April 10, 2025. Under that agreement, the company initially issued a senior secured convertible note in the original principal amount of $13,978,495, which closed on April 11, 2025. The newly issued note is convertible into shares of the company’s common stock. zSpace intends to use the net proceeds from the additional note to repay outstanding debt, enhance the company’s working capital position and support general corporate purposes. This financing is part o Show less Read more
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