- zSpace (ZSPC) issued an additional $4.3M senior secured convertible note to an institutional investor.
- The note was issued on March 16, 2026 under its previously announced financing agreement from April 10, 2025.
- The original financing included a $13.98M senior secured convertible note issued in April 2025.
- The newly issued note is convertible into shares of the company’s common stock.
- Proceeds will be used to repay debt, strengthen working capital, and support general corporate purposes.
- ZSPC shares down 7.7% premarket.
