zSpace Signs Amendment #2 to Senior Secured Convertible Note With Institutional Investor

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2026.01.09 21:23
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zSpace has signed Amendment #2 to its Senior Secured Convertible Note with an institutional investor, effective January 8, 2026. The amendment reduces the note’s Floor Price from $0.60 to $0.22 per share and lowers the minimum VWAP threshold from $0.75 to $0.30 over the previous 20 trading days. These adjustments aim to enhance flexibility for share-settled installment payments while maintaining all other terms of the note unchanged.