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Get filing alertsXometry prices $225M public offering of 2.6M shares at $85, diluting existing holders
Filed June 2, 2026 · Period ending June 1, 2026 · ~1 min read
Key Changes
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Xometry is selling 2.65 million new shares at $85 each, raising approximately $215 million after fees. This increases the total share count and dilutes existing shareholders' ownership percentage.
Item 1.01: Underwriting Agreement view on EDGAR → -
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Underwriters J.P. Morgan and Goldman Sachs have a 30-day option to buy an additional 397,058 shares at the same price, which could raise another $32 million and add 15% more dilution beyond the base offering.
Item 1.01: Greenshoe Option view on EDGAR → -
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The offering is expected to close on June 3, 2026, just two days after pricing, following standard closing conditions for public equity offerings.
Item 1.01: Closing Date view on EDGAR →
Summary
Xometry announced a $225 million public equity offering, selling 2.65 million new shares at $85 per share. After underwriting fees and expenses, the company expects to net approximately $215 million. The underwriters also received a standard 30-day option to purchase up to 397,058 additional shares, which if exercised would bring total proceeds to roughly.
For existing shareholders, this is a dilutive event that increases the outstanding share count by approximately 2.65 million shares, reducing each holder's ownership percentage. The offering price of $85 per share provides a reference point for current market valuation.
The capital raise suggests Xometry is funding growth initiatives, acquisitions, or general corporate purposes, though the specific use of proceeds is not detailed in this filing. Investors should watch for the final offering size (whether the greenshoe is exercised) and monitor subsequent filings or earnings calls for management's explanation of how the capital will be deployed. The closing is imminent on June 3, 2026.
Section-by-Section Diff
Event · Item 9.01 — Financial Statements and Exhibits
Xometry entered an underwriting agreement with J.P. Morgan and Goldman Sachs on June 1, 2026, indicating a securities offering.
Added in current filing · verify on EDGAR →
Underwriting Agreement, dated June 1, 2026, among Xometry, Inc. and J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, as representatives of the several underwriters named therein.
Xometry executed an underwriting agreement with J.P. Morgan Securities and Goldman Sachs as lead underwriters on June 1, 2026. This typically indicates the company is conducting a public securities offering, such as issuing new shares or selling existing shares, which could dilute existing shareholders or raise capital for corporate purposes.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify