Corporate ActionJun 1, 2026, 04:35 PM
Xometry Commences $225M Public Offering of Class A Common Stock
AI Summary
Xometry, Inc. announced the commencement of an underwritten public offering for $225.0 million of its Class A common stock. The company expects to grant the underwriters a 30-day option to purchase an additional $33.75 million in shares. All shares are being offered by Xometry, with the net proceeds intended for working capital and general corporate purposes. J.P. Morgan and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering.
Key Highlights
- Xometry commenced an underwritten public offering of $225.0 million of its Class A common stock.
- Underwriters have a 30-day option to purchase up to an additional $33.75 million in shares.
- All shares in the proposed offering are being offered by Xometry.
- Net proceeds from the offering will be used for working capital and general corporate purposes.
- J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers.
Price Impact
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