<SEC-DOCUMENT>0001011438-25-000324.txt : 20250515
<SEC-HEADER>0001011438-25-000324.hdr.sgml : 20250515
<ACCEPTANCE-DATETIME>20250515161049
ACCESSION NUMBER:		0001011438-25-000324
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250515
DATE AS OF CHANGE:		20250515

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EVERSPIN TECHNOLOGIES INC.
		CENTRAL INDEX KEY:			0001438423
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				262640654
		STATE OF INCORPORATION:			X1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-89818
		FILM NUMBER:		25953073

	BUSINESS ADDRESS:	
		STREET 1:		5670 W. CHANDLER BOULEVARD
		STREET 2:		SUITE 130
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85226
		BUSINESS PHONE:		480-347-1111

	MAIL ADDRESS:	
		STREET 1:		5670 W. CHANDLER BOULEVARD
		STREET 2:		SUITE 130
		CITY:			CHANDLER
		STATE:			AZ
		ZIP:			85226

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EVERSPIN TECHNOLOGIES INC
		DATE OF NAME CHANGE:	20080624

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lynrock Lake LP
		CENTRAL INDEX KEY:			0001734341
		ORGANIZATION NAME:           	
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		2 INTERNATIONAL DRIVE
		STREET 2:		SUITE 130
		CITY:			RYE BROOK
		STATE:			NY
		ZIP:			10573
		BUSINESS PHONE:		914.449.4660

	MAIL ADDRESS:	
		STREET 1:		2 INTERNATIONAL DRIVE
		STREET 2:		SUITE 130
		CITY:			RYE BROOK
		STATE:			NY
		ZIP:			10573
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001734341</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Common Stock, par value $0.0001</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>03/31/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001438423</issuerCik>
<issuerName>EVERSPIN TECHNOLOGIES INC.</issuerName>
<issuerCusip>30041T104</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>5670 W. Chandler Boulevard, Suite 130</com:street1>
<com:city>Chandler</com:city>
<com:stateOrCountry>AZ</com:stateOrCountry>
<com:zipCode>85226</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Lynrock Lake LP</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>1586370</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>1586370</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1586370</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>7.1</classPercent>
<typeOfReportingPerson>IA</typeOfReportingPerson>
<typeOfReportingPerson>PN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>LYNROCK LAKE PARTNERS LLC</reportingPersonName>
<citizenshipOrOrganization>DE</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>1586370</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>1586370</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1586370</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>7.1</classPercent>
<typeOfReportingPerson>OO</typeOfReportingPerson>
<typeOfReportingPerson>HC</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Paul Cynthia</reportingPersonName>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>1586370</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>1586370</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1586370</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>7.1</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<typeOfReportingPerson>HC</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>EVERSPIN TECHNOLOGIES INC.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>5670 W. Chandler Boulevard, Suite 130, Chandler, Arizona, 85226</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>This Schedule 13G is being filed by (i) Lynrock Lake LP, (ii) Lynrock Lake Partners LLC, and (iii) Cynthia Paul (collectively, the "Reporting Persons").</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>The principal business address of the Reporting Persons is 2 International Drive, Suite 130, Rye Brook, NY 10573.</principalBusinessOfficeOrResidenceAddress>
<citizenship>(i) Lynrock Lake LP is a Delaware limited partnership, (ii) Lynrock Lake Partners LLC is a Delaware limited liability company, and (iii) Cynthia Paul is an individual and is a citizen of the United States.</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
<typeOfPersonFiling>HC</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>Amount beneficially owned as of March 31, 2025:&#13;
	&#13;
Lynrock Lake LP - 1,586,370&#13;
Lynrock Lake Partners LLC - 1,586,370&#13;
Cynthia Paul - 1,586,370</amountBeneficiallyOwned>
<classPercent>Percent of class as of March 31, 2025:&#13;
&#13;
Lynrock Lake LP - 7.1%&#13;
Lynrock Lake Partners LLC - 7.1%&#13;
Cynthia Paul - 7.1%&#13;
&#13;
Based on 22,352,145 shares of Common Stock, par value $0.0001 ("Common Stock"), of Everspin Technologies, Inc. (the "Issuer") outstanding as of March 31, 2025, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on April 30, 2025.&#13;
&#13;
As of March 31, 2025, Lynrock Lake Master Fund LP ("Lynrock Lake Master") directly held 1,586,370 shares of the Issuer's Common Stock. Lynrock Lake LP (the "Investment Manager") is the investment manager of Lynrock Lake Master, and pursuant to an investment management agreement, the Investment Manager has been delegated full voting and investment power over securities of the Issuer held by Lynrock Lake Master. Cynthia Paul, the Chief Investment Officer of the Investment Manager and Sole Member of Lynrock Lake Partners LLC, the general partner of the Investment Manager, may be deemed to exercise voting and investment power over securities of the Issuer held by Lynrock Lake Master.</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>As of March 31, 2025, the Reporting Persons had sole power to vote or to direct the vote of 1,586,370 shares of Common Stock.</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>As of March 31, 2025, the Reporting Persons had shared power to vote or to direct the vote of 0 shares of Common Stock.</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>As of March 31, 2025, the Reporting Persons had sole power to dispose or to direct the disposition of 1,586,370 shares of Common Stock.</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>As of March 31, 2025, the Reporting Persons had shared power to dispose or to direct the disposition of 0 shares of Common Stock.</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>As disclosed in Item 4 of this Schedule 13G, as of March 31, 2025, Lynrock Lake Master directly held 1,586,370 shares of the Issuer's Common Stock. Certain feeder funds that invest in Lynrock Lake Master may have the right to receive dividends from, or the proceeds from the sale of, the securities directly held by Lynrock Lake Master.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Lynrock Lake LP</reportingPersonName>
<signatureDetails>
<signature>/s/ Cynthia Paul</signature>
<title>Cynthia Paul / Sole Member of Lynrock Lake Partners LLC, its general partner</title>
<date>05/15/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>LYNROCK LAKE PARTNERS LLC</reportingPersonName>
<signatureDetails>
<signature>/s/ Cynthia Paul</signature>
<title>Cynthia Paul / Sole Member</title>
<date>05/15/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Paul Cynthia</reportingPersonName>
<signatureDetails>
<signature>/s/ Cynthia Paul</signature>
<title>Cynthia Paul / Self</title>
<date>05/15/2025</date>
</signatureDetails>
</signatureInformation>
</formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Akin Gump Strauss Hauer & Feld
         Document created using Broadridge PROfile 25.3.1.5296
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; text-align: left; color: #000000;">
  <div><br>
  </div>
  <div>
    <div style="text-align: right; font-weight: bold;">EXHIBIT 99.1</div>
    <div><br>
    </div>
    <div style="text-align: center;">JOINT FILING AGREEMENT</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint
      filing on behalf of each of them of a Statement on Schedule 13G, dated May 15, 2025 (including amendments thereto) with respect to the Common Stock, par value $0.0001, of Everspin Technologies, Inc. This Joint Filing Agreement shall be filed as an
      Exhibit to such Statement. The undersigned acknowledge that each shall be responsible for the timely filing of any amendments to such joint filing and for the completeness and accuracy of the information concerning him or it contained herein and
      therein, but shall not be responsible for the completeness and accuracy of the information concerning the other.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zcc245e97bf3644938ec2807c7c9a723d" style="font-family: 'Times New Roman', Times, serif; font-size: 12pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="font-weight: bold;">LYNROCK LAKE LP</div>
            <div>By: Lynrock Lake Partners LLC,</div>
            <div>its general partner</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div><u>/s/ Cynthia Paul</u></div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>Name:</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>Cynthia Paul</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>Title:</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>Sole Member</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="font-weight: bold;">LYNROCK LAKE PARTNERS LLC</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>By:</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div><u>/s/ Cynthia Paul</u></div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>Name:</div>
          </td>
          <td style="width: 87%; vertical-align: bottom;">
            <div>Cynthia Paul</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>Title:</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>Sole Member</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 87%; vertical-align: top;">
            <div>&#160;</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div><u>/s/ Cynthia Paul</u></div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="font-weight: bold;">CYNTHIA PAUL</div>
          </td>
          <td style="width: 1%; vertical-align: top;">
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
