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Michael S. Harper, Chief Product, Engineering and Marketing Officer at zSpace, Inc. (NASDAQ:ZSPC), sold 3,748 shares of common stock on October 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $0.9904, for a total value of $3,712. The transaction comes as the company’s stock has declined over 95% in the past year, with InvestingPro analysis indicating significant financial challenges ahead.
The prices obtained for the shares ranged from $0.98 to $1.01
Following the transaction, Harper directly owns 25,947 shares of zSpace, Inc., representing a small portion of the company’s $24.28 million market capitalization. The stock’s Fair Value analysis and detailed financial health metrics are available through InvestingPro.
In other recent news, zSpace, Inc. reported a decline in its second-quarter 2025 earnings, with revenue falling to $7.46 million, missing the forecasted $9.38 million. The company also reported an earnings per share of -$0.16, which did not meet expectations. Additionally, zSpace received a notice from Nasdaq for non-compliance with the market value rule, as its market value of publicly held shares remained below $15 million for 30 consecutive business days. The company now has a 180-day period to regain compliance with Nasdaq’s requirements. In another development, zSpace launched three new industrial robotics training applications aimed at preparing students and workers for careers in automation-driven industries. These applications are designed to enhance classroom and workforce development programs. These recent developments reflect significant changes for zSpace, impacting both its financial standing and product offerings.
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