Hyperfine, Inc.

On October 17, 2025, the Company closed an underwritten public offering (the “October 2025 Offering”), in which the Company issued and sold 14,000,000 shares of the Company's Class A common stock at a public offering price of $1.25 per share, pursuant to an Underwriting Agreement (the “Underwriting Agreement”) with Lake Street Capital Markets, LLC, as the underwriter. On October 17, 2025, the Company received gross proceeds of $17,500 from the October 2025 Offering, before deducting underwriting discounts and commissions and other offering expenses, and net proceeds of $15,764 after deducting underwriting discounts and commissions and other offering expenses.

Under the terms of the Underwriting Agreement, the underwriter was granted a 30-day option to purchase up to an additional 2,100,000 shares of Class A common stock at the public offering price, less underwriting discounts and commissions ( the “Underwriter Option”). The underwriter exercised the Underwriter Option on October 21, 2025, and October 23, 2025, the Company received additional gross proceeds of $2,625, before deducting underwriting discounts and commissions and other offering expenses, and additional net proceeds of $2,444, after deducting underwriting discounts and commissions and other offering expenses.

In the aggregate, the Company issued and sold 16,100,000 shares of Class A common stock in the October 2025 Offering. As of December 31, 2025, the Company's aggregate gross proceeds from the October 2025 Offering, including the gross proceeds from the exercise of the Underwriter Option, were $20,125, before deducting underwriting discounts and commissions and other offering expenses, and aggregate net proceeds were $18,208, after deducting underwriting discounts and commissions and other offering expenses.