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zSpace, Inc. Director's Dealing 2024

Dec 6, 2024

34609_dirs_2024-12-06_42ba0050-188c-4a9f-aa67-87f506e640e7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: zSpace, Inc. (ZSPC)
CIK: 0001637147
Period of Report: 2024-12-06

Reporting Person: dSpace Investments Ltd (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-06 Common Stock C 5580670 Acquired 5580670 Direct
2024-12-06 Common Stock C 5670000 Acquired 11250670 Direct
2024-12-06 Common Stock C 330000 Acquired 11580670 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-06 Series A Preferred Stock $ C 5580670 Disposed Common Stock (5580670) Direct
2024-12-06 NCNV 1 Preferred Stock $ C 5670000 Disposed Common Stock (5670000) Direct
2024-12-06 NCNV 3 Preferred Stock $ C 330000 Disposed Common Stock (330000) Direct

Footnotes

F1: dSpace Investments Limited, an entity organized under the law of the Cayman Islands ("dSpace") holds 3,874,946 shares of the Issuer's Series A Preferred Stock. Each share of Series A Preferred Stock entitles the dSpace to 100 votes on all matters submitted to securityholders, and each share of Series A Preferred Stock converted into 1.440193 shares of the Issuer's common stock which is the number of shares of common stock as is determined by dividing (i) $1.1153600, which is the original issue price of $0.774452 of the Series A Preferred Stock, less any amount previously paid in respect thereof in the form of dividends, plus any dividends accrued but unpaid thereon and declared by the Issuer's board of directors by (ii) the original issue price of $0.774452. Such shares of Series A Preferred Stock were automatically convertible into shares of the Issuer's common stock immediately preceding the consummation of the Issuer's initial public offering.

F2: dSpace holds 47,250 shares of the Issuer's NCNV 1 Preferred Stock. The shares of NCNV 1 Preferred Stock do not entitle dSpace to vote on matters submitted to securityholders but entitle dSpace to dividends if declared by the Issuer's board of directors and to preferential payments upon liquidation and certain other corporate actions. Each share of NCNV 1 Preferred Stock converted into a number of shares of the Issuer's common stock, as is determined by dividing (i) $600, the original issuance price of the NCNV 1 Preferred Stock, less any amount previously paid in respect thereof in the form of dividends, plus any dividends accrued but unpaid thereon and declared by the board of directors by (ii) the initial public per share offering price of the Issuer's common stock. Such shares of NCNV 1 Preferred Stock were automatically convertible into shares of the Issuer's common stock immediately preceding the consummation of the Issuer's initial public offering.

F3: dSpace holds 2,750 shares of the Issuer's NCNV 3 Preferred Stock. The shares of NCNV 3 Preferred Stock do not entitle dSpace to vote on matters submitted to securityholders but entitle dSpace to dividends if declared by the Issuer's board of directors and to preferential payments upon liquidation and certain other corporate actions. Each share of NCNV 3 Preferred Stock converted into a number of shares of the Issuer's common stock, as is determined by dividing (i) $600, the original issuance price of the NCNV 3 Preferred Stock, less any amount previously paid in respect thereof in the form of dividends, plus any dividends accrued but unpaid thereon and declared by the board of directors by (ii) the initial public per share offering price of the Issuer's common stock. Such shares of NCNV 3 Preferred Stock were automatically convertible into shares of the Issuer's common stock immediately preceding the consummation of the Issuer's initial public offering.