General Information |
Business: |
We are a leading provider of augmented reality (AR) and virtual reality (VR) educational technology solutions. (Incorporated in Delaware)
We believe that we are a recognized brand in the education market with a current focus on both United States K-12 schools and Career & Technical Education (CTE) markets. Our proprietary hardware and software platform provides the unique ability to deliver an interactive, stereoscopic three-dimensional (3D) learning experience to our users without the need to utilize VR goggles or specialty glasses. Our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021. We allow students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Our platform serves a broad range of critical educational tools designed for K-12 science, technology, engineering and math (STEM) lessons as well as training skilled trades in areas such as health sciences, automotive engineering/repair, Unity3D® software programming and advanced manufacturing.
Note: Net loss and revenue are for the 12 months that ended March 31, 2024.
(Note: zSpace Inc. filed an S-1/A on Nov. 25, 2024, in which it cut its IPO’s size to 1.875 million – down from 2.0 million shares – and kept the price range at $4.50 to $5.50 – to raise $9.38 million. Background: zSpace Inc. filed an S-1/A in which it cut its IPO’s size to 2.0 million shares – down from 3.0 million shares – and kept the price range at $4.50 to $5.50 to raise $10.0 million, according to the S-1/A filing dated Oct. 25, 2024. Background: zSpace Inc. filed an S-1/A dated July 22, 2024, and disclosed the terms for its IPO: 3.0 million shares at $4.50 to $5.50 to raise $15.0 million.)
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Industry: |
Education Tech - Hardware & Software |
Employees: |
70 |
Founded: |
2006 |
Contact Information |
Address |
55 Nicholson Lane San Jose, California 95134 |
Phone Number |
(408) 498-4050 |
Web Address |
http://www.zspace.com/ |
View Prospectus: |
zSpace, Inc. |
Financial Information |
Market Cap |
$112.3mil |
Revenues |
$44.21 mil (last 12 months) |
Net Income |
$-21.87 mil (last 12 months) |
IPO Profile |
Symbol |
ZSPC |
Exchange |
NASDAQ |
Shares (millions): |
1.9 |
Price range |
$4.50 - $5.50 |
Est. $ Volume |
$9.4 mil |
Manager / Joint Managers |
Roth Capital Partners/ Craig-Hallum Capital Group |
CO-Managers |
Barrington Research |
Expected To Trade: |
12/2/2024 |
Day:
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Week of |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
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SCOOP Rating |
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Rating Change |
Available only to Subscribers |