Xometry Prices $225 Million Stock Offering

MT Newswires Live

06/02

Xometry (XMTR) said late Tuesday it priced an underwritten public offering of 2.6 million shares at $85 per share for total gross proceeds of about $225 million.

The company said it also granted underwriters a 30-day option to purchase up to an additional 397,058 shares.

Xometry said it plans to use the proceeds from offering, expected to close on Wednesday, for working capital and general corporate purposes.

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