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0.0672413793103449 -0.0344827586206895 -0.0344827586206895 -0.0344827586206895 0.289655172413793 0.594827586206897 1.76034482758621 3.03448275862069
Stock impact report

zSpace Announces Pricing of $9.4 Million Initial Public Offering

zSpace, Inc. (ZSPC) 
Company Research Source: GlobeNewswire
SAN JOSE, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- zSpace, Inc. (“ZSPC” or the “Company”) today announced the pricing of its firm commitment initial public offering of an aggregate of 1,875,000 shares of its Common Stock (the “Offering”) at $5.00 per share. The gross proceeds to ZSPC from the Offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by ZSPC, is expected to be approximately $9.4 million without the exercise of the underwriters’ over-allotment option. The shares are expected to begin trading on the Nasdaq Global Market under the ticker symbol “ZSPC” at the open of the market on December 5, 2024. The Offering is expected to close on December 6, 2024, subject to customary closing conditions. In connection with the Offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 281,250 shares of its Common Stock at the initial public offering price, less underwriting discounts and comm Show less Read more
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