secwatch / observer
8-K filed September 6, 2023, 7:59 PM ET ticker ALGN CIK 0001097149
M&A confidence high sentiment positive materiality 0.65

Align Technology to acquire Cubicure GmbH for ~€79M to bolster direct 3D printing capabilities

ALIGN TECHNOLOGY INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ALIGN TECHNOLOGY INC entered into Share Purchase Agreement with Univ. Prof. Dr. Jürgen Stampfl, Dr. Robert Gmeiner, Dr. Johannes Benedikt, Dr. Johannes Homa and AM Ventures Additive Manufacturing Fonds I GmbH & Co. KG valued at €79 million (which is approximately US$85 million based on current exchange rates) (effective 2023-09-01).

Action
entry
Agreement
asset purchase
Counterparty
Univ. Prof. Dr. Jürgen Stampfl, Dr. Robert Gmeiner, Dr. Johannes Benedikt, Dr. Johannes Homa and AM Ventures Additive Manufacturing Fonds I GmbH & Co. KG
Value
€79 million (which is approximately US$85 million based on current exchange rates)
Effective
2023-09-01
Exact text from the filing
On September 1, 2023, Align Holding GmbH (“Align Holding”), a limited liability company under the laws of Austria and Align Technology Switzerland GmbH (“Align Swissco”), a limited liability company under the laws of Switzerland (collectively, Align Holding and Align Swissco are referred to as the “Purchasers”) entered into a Share Purchase Agreement (the “Purchase Agreement”) with Univ. Prof. Dr. Jürgen Stampfl, Dr. Robert Gmeiner, Dr. Johannes Benedikt, Dr. Johannes Homa and AM Ventures Additive Manufacturing Fonds I GmbH & Co. KG (collectively, the “Sellers”) pursuant to which the Purchasers will purchase from the Sellers all of their issued and outstanding shares of capital stock of Cubicure GmbH, an Austrian limited liability company (“Cubicure”) (such purchase and sale, the “Transaction”).
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ALIGN TECHNOLOGY INC filing history →

Source: SEC EDGAR
accession 0001097149-23-000070
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