Corporate ActionJun 2, 2026, 01:30 AM
Xometry Prices Public Offering of 2.65M Shares at $85.00
AI Summary
Xometry, Inc. announced the pricing of an underwritten public offering of 2,647,059 shares of its Class A common stock at $85.00 per share, aiming for total gross proceeds of approximately $225.0 million. The company has also granted underwriters a 30-day option to purchase up to an additional 397,058 shares. All shares are being offered by Xometry, with the net proceeds intended for working capital and general corporate purposes.
Key Highlights
- Xometry priced an underwritten public offering of 2,647,059 shares of Class A common stock.
- The shares were priced at $85.00 per share.
- The offering is expected to generate total gross proceeds of approximately $225.0 million.
- Underwriters have a 30-day option to purchase up to an additional 397,058 shares.
- Xometry intends to use the net proceeds 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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