Senseonics Holdings, Inc. Form 8-K Filing

Senseonics Holdings, Inc. has entered into an underwriting agreement to issue and sell 8,000,000 shares of common stock and 8,000,000 pre-funded warrants at a public price of $5.00 per share. The company has also granted underwriters an option to purchase an additional 2,400,000 shares. The net proceeds are expected to be approximately $74.7 million, or $86.0 million if the option is fully exercised. The closing is anticipated for May 4, 2026. The company also provided preliminary first-quarter 2026 financial results, expecting revenue of $11.7 million and a net loss between $31 million and $33 million. Additionally, Senseonics is amending its loan and security agreement with Hercules Capital to increase the borrowing capacity from $100.0 million to $140.0 million, with potential for additional near-term and future loan commitments. This amendment is expected to be finalized in early May 2026, subject to definitive documentation and approvals.