Xometry prices 2.6M-share follow-on offering at $85/share, raising $216M net proceeds

Filed June 2, 2026 · ~2 min read

Key Changes

• high

  Xometry sells 2,647,059 Class A shares at $85.00 per share, raising $216M net proceeds (all primary, no selling stockholders). The $85 price is a 10.8% discount to the May 29 close of $95.29.

  The Offering verify on EDGAR →
• high

  Implied post-offering market cap is $4.5B ($85 x 53.4M shares outstanding). New investors experience immediate dilution of $81.23/share—they pay $85 but receive $3.77 net tangible book value.

  Dilution verify on EDGAR →
• medium

  Proceeds will fund working capital, debt repayment, capex, and potential acquisitions. Management has broad discretion; actual use may differ materially from stated intentions.

  Use of Proceeds verify on EDGAR →