Xometry Inc. Announces Convertible Senior Notes Offering with Flexible Interest Payment and Conversion Options

Reuters
13 Jun
Xometry Inc. Announces Convertible Senior Notes Offering with Flexible Interest Payment and Conversion Options

Xometry Inc., a leading AI-powered marketplace for manufacturing services, has announced plans to offer $225 million in Convertible Senior Notes due 2030. These notes will be general unsecured obligations and will accrue interest payable semiannually. Upon conversion, Xometry has the flexibility to pay in cash, shares of its Class A common stock, or a combination of both. The company intends to use the proceeds from this offering to finance capped call transactions, repurchase shares of its Class A common stock, and redeem a portion of its existing 1.00% Convertible Senior Notes due 2027. Additionally, Xometry may utilize any extra funds for working capital, corporate purposes, and potential strategic investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xometry Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-139895), on June 12, 2025, and is solely responsible for the information contained therein.

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