ZSPACE, INC. Form 8-K Filing - Reverse Stock Split Approval
On March 13, 2026, zSpace, Inc. stockholders approved a reverse stock split of the Company's common stock. The split ratio will be between 1-for-15 and 1-for-25, with the final ratio to be determined by the board of directors within one year of the filing of a Definitive Information Statement on Schedule 14C. This action was taken by written consent, with over 50.33% of the outstanding voting power represented by the Consenting Stockholders. Consequently, there were no votes against, abstaining, or broker non-votes. A Schedule 14C will be filed with the SEC, and the consent will become effective 20 days after its mailing to stockholders. The company also included standard forward-looking statements regarding the potential implementation and details of the reverse stock split, subject to risks and uncertainties.