zSpace, Inc. Faces Delisting Concerns
Ticker: ZSPC · Form: 8-K · Filed: Oct 3, 2025 · CIK: 1637147
Sentiment: bearish
Topics: delisting, listing-rule-violation, compliance
TL;DR
zSpace, Inc. might be getting delisted - big trouble for the stock.
AI Summary
zSpace, Inc. filed an 8-K on October 3, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard, or a transfer of listing. The filing indicates a significant event related to the company's stock exchange status as of October 1, 2025.
Why It Matters
This filing signals potential issues with zSpace, Inc.'s compliance with stock exchange listing requirements, which could impact its stock's tradability and investor confidence.
Risk Assessment
Risk Level: high — Delisting notices indicate severe compliance issues that can lead to significant stock price declines and reduced liquidity.
Key Players & Entities
- zSpace, Inc. (company) — Registrant
- October 1, 2025 (date) — Earliest event reported
- October 3, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- 001-42431 (identifier) — Commission File Number
- 35-2284050 (identifier) — IRS Employer Identification No.
- 55 Nicholson Lane San Jose, California 95134 (address) — Principal Executive Offices
- (408) 498-4050 (phone_number) — Registrant's telephone number
FAQ
What specific listing rule or standard has zSpace, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that zSpace, Inc. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 1, 2025.
When was this 8-K form filed with the SEC?
This 8-K form was filed on October 3, 2025.
What is zSpace, Inc.'s principal executive office address?
zSpace, Inc.'s principal executive office is located at 55 Nicholson Lane, San Jose, California 95134.
What is the Commission File Number for zSpace, Inc.?
The Commission File Number for zSpace, Inc. is 001-42431.
Filing Stats: 1,043 words · 4 min read · ~3 pages · Grade level 15.6 · Accepted 2025-10-03 16:19:37
Key Financial Figures
- $0.00001 — ch registered Common Stock, par value $0.00001 per share ZSPC The Nasdaq Stock Mar
- $15,000,000 — licly held shares ("MVPHS") of at least $15,000,000. Based on the Staff's review of the Com
- $15 million — 's MVPHS, the Company's MVPHS was below $15 million for the previous 30 consecutive busines
Filing Documents
- tm2527911d1_8k.htm (8-K) — 30KB
- 0001104659-25-096673.txt ( ) — 192KB
- zspc-20251001.xsd (EX-101.SCH) — 3KB
- zspc-20251001_lab.xml (EX-101.LAB) — 33KB
- zspc-20251001_pre.xml (EX-101.PRE) — 22KB
- tm2527911d1_8k_htm.xml (XML) — 4KB
01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing . On October 1, 2025, zSpace, Inc. (the "Company") received a written notice (the "Notice") from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with the continued listing requirement set forth in Nasdaq Listing Rule 5450(b)(2)(C), which requires listed companies to maintain a minimum market value of publicly held shares ("MVPHS") of at least $15,000,000. Based on the Staff's review of the Company's MVPHS, the Company's MVPHS was below $15 million for the previous 30 consecutive business days. The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days, or until March 30, 2026, to regain compliance. To regain compliance, the Company's MVPHS must close at $15 million or more for a minimum of 10 consecutive business days during this compliance period, unless the Staff exercises its discretion to require a longer period. If the Company does not regain compliance within the prescribed period, the Staff will provide written notification that the Company's securities are subject to delisting. The Company may then appeal the Staff's determination to a Hearings Panel pursuant to Nasdaq Listing Rule 5815(a), but there can be no assurance that Nasdaq would grant the Company's request for approval of its compliance plan. The Company intends to actively monitor its MVPHS and is evaluating its options to regain compliance with the Nasdaq Listing Rules, including applying to transfer the Company's securities from the Nasdaq Global Market to the Nasdaq Capital Market. However, there can be no assurance that the Company will be able to regain compliance with the Nasdaq Listing Rules or will otherwise be in compliance w
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the U.S. federal securities laws.
Forward-looking statements can be identified by words such as "anticipate," "believe," "continue,"
Forward-looking statements can be identified by words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Examples of forward-looking statements in this Current Report on Form 8-K include, without limitation, statements regarding the Company's intent to monitor its MVPHS and consider available options to regain compliance with the Nasdaq Listing Rules, including by transferring the Company's securities from the Nasdaq Global Market to the Nasdaq Capital Market. Instead, they are based on the Company's current beliefs, expectations and assumptions regarding the future of its business, future plans, strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties, and actual results may differ materially from those set forth in the forward-looking Company will meet the requirements of the Nasdaq Listing Rule regarding MVPHS during any compliance period or otherwise in the future, otherwise meet Nasdaq compliance standards, that Nasdaq will grant the Company any relief from delisting as necessary or whether the Company can agree to or ultimately meet applicable Nasdaq requirements for any such relief, and the other important factors described under the caption "Risk Factors" in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") for the year ended December 31, 2024 and its other filings with the SEC. Any forward-looking statement made by the Company in this Current Report on Fo
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 3, 2025 zSpace, Inc. By: /s/ Erick DeOliveira Erick DeOliveira Chief Financial Officer