Here are the S-1 registration statements from zSpace Inc New (ZSPC) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An S-1 covers the registration statement a company files to sell shares publicly, so if you follow ZSPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZSPC filings page.
zSpace, Inc. is registering up to 12,500,000 shares of common stock for resale by existing investors, including shares issuable under a common stock purchase agreement with Tumim Stone Capital and a senior secured convertible note held by 3i, LP.
The company will not receive proceeds from resales, but may sell additional shares to Tumim under a $30 million equity line, of which about $5.6 million has already been drawn and up to $24.4 million remains available. After this offering, 45,802,983 shares will be outstanding.
zSpace focuses on AR/VR educational technology for K‑12 and career & technical education markets, but revenue declined from $43.9 million in 2023 to $38.1 million in 2024 and the company posted a $20.8 million net loss in 2024 and an $18.1 million net loss for the nine months ended September 30, 2025.
As of September 30, 2025, it had an accumulated deficit of $308.5 million, a working capital deficit and about $18.7 million of debt, leading auditors to raise substantial doubt about its ability to continue as a going concern. Controlling stockholders own about 54.8% of the common stock, making zSpace a “controlled company” under Nasdaq rules.