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zSpace, Inc. (ZSPC) Chief Executive Officer Paul Kellenberger sold 10,852 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, resulting in a total transaction value of $10,747. The transaction comes as the company, currently valued at $24.3 million, faces significant challenges with its stock down over 95% in the past year. According to InvestingPro analysis, the company operates with concerning debt levels and cash burn rates.
The sales were executed in multiple transactions at prices ranging from $0.98 to $1.01. Following the transaction, Kellenberger directly owns 43,738 shares of zSpace, Inc. With the stock trading near its 52-week low of $0.87, InvestingPro data reveals 17 additional key insights about the company’s financial health and market position. Get access to the comprehensive Pro Research Report for deeper analysis.
The reported sales were to cover tax obligations arising from a prior vesting of restricted stock units. Based on InvestingPro’s Fair Value analysis, the stock currently appears to be fairly valued, though investors should note the company’s challenging current ratio of 0.58, indicating potential liquidity concerns.
In other recent news, zSpace, Inc. reported its second-quarter 2025 earnings, highlighting a decline in revenue. The company announced an earnings per share of -$0.16, which fell short of expectations, and reported revenue of $7.46 million, missing the anticipated $9.38 million. Additionally, zSpace has received a notice from the Nasdaq Stock Market for non-compliance with the market value rule, as its market value of publicly held shares has remained below $15 million for 30 consecutive business days. The company has been granted a 180-day compliance period to rectify this issue.
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 provide simulations for classrooms and workforce development programs. The company continues to trade on the Nasdaq Global Market during the compliance period. These recent developments reflect ongoing challenges and initiatives within zSpace.
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