zSpace signs USD 1.34 million Itria loan at 18.99% interest

Reuters
Mar 24
zSpace signs USD 1.34 million Itria loan at 18.99% interest
  • zSpace entered into a new loan and security agreement with Itria Ventures for a USD 1.3 million term loan.
  • The loan carries a 18.99% annual interest rate and is payable in 24 monthly installments.
  • Proceeds were used to refinance and repay in full two prior Itria loans that had original principal amounts of USD 1.0 million each.
  • The company may prepay after the first month, with a 1.5% fee if prepaid within the first 12 months.
  • Separately, zSpace amended its loan agreement with Fiza Investments to defer interest payments until December 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. zSpace Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-033600), on March 24, 2026, and is solely responsible for the information contained therein.

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