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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments