First Light Asset Management Establishes 8.4% Stake in NeuroPace, Inc. (NPCE)

On May 15, 2026, First Light Asset Management, LLC filed a Schedule 13G disclosing a significant new stake in NeuroPace, Inc. (NPCE). The investment manager reported beneficial ownership of 2,865,423 shares, representing an 8.4% ownership stake in the company. This position was established as of the event date on March 31, 2026. The filing was made jointly with Mathew P. Arens, the managing member and majority owner of First Light Asset Management. Mr. Arens is deemed to beneficially own a total of 2,955,423 shares, or 8.67% of the company, which includes the shares managed by the firm plus an additional 60,000 shares held individually and 30,000 shares held in a joint account. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This substantial position highlights First Light Asset Management's significant commitment to NeuroPace, a medical device company focused on brain-responsive neurostimulation.