zSpace (ZSPC) Prices 1.875M Share IPO at $5/sh

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zSpace Announces Pricing of $9.4 Million Initial Public Offering

December 4, 2024 9:30 PM EST

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... More