zSpace, Inc. 8-K
Research Summary
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zSpace, Inc. Announces 1-for-25 Reverse Stock Split Effective Apr 20, 2026
What Happened zSpace, Inc. filed a Certificate of Amendment on April 16, 2026 to effect a 1-for-25 reverse stock split of its common stock, effective at 11:59 p.m. Eastern time on April 20, 2026. The Company issued a press release on April 17, 2026 announcing the split; shares will begin trading on a split‑adjusted basis at the market open on April 21, 2026.
Key Details
- Reverse split ratio: 1-for-25 (every 25 pre-split shares will be combined into 1 post-split share).
- Effective date/time: 11:59 p.m. ET on April 20, 2026; split-adjusted trading begins Apr 21, 2026 market open.
- Fractional shares: no fractional shares will be issued; any fractional share that would result will be rounded up to the next whole share.
- Administrative items: Certificate of Amendment filed April 16, 2026; new CUSIP for the common stock after the split is 98980W206.
- Authorized share counts (common and preferred) were not changed by the reverse split.
Why It Matters The reverse stock split will reduce the number of issued and outstanding common shares on a 25-to-1 basis (subject to rounding up of fractional shares), and the trading price per share will be adjusted accordingly when markets open on April 21, 2026. The split does not change a stockholder’s percentage ownership except for minor differences caused by the rounding of fractional shares. Investors should expect their broker statements to reflect the adjusted share totals and new CUSIP and may review the Company’s press release or contact their broker for any questions about holdings or recordation.
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