ZSPC News & Events

zSpace 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.

zSpace announced a partnership with Eight Million Stories, Inc., a nonprofit organization founded to disrupt the school-to-prison pipeline. Through immersive, hands-on learning, zSpace technology is helping formerly incarcerated and disconnected youth close academic gaps, explore career pathways, and rebuild confidence in their futures.