secwatch.observer — SEC 8-K summary
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Issuer:     Xometry, Inc. (XMTR)
CIK:        0001657573
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001193125-22-028542
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xometry prices $250M 1.00% convertible senior notes due 2027; net proceeds ~$241.9M
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- Initial conversion price of ~$56.11 per share, representing a ~27.5% premium to Feb 1 close.
- Notes mature Feb 1, 2027, interest payable semiannually; redeemable by Xometry after Feb 5, 2025.
- Net proceeds ~$241.9M ($278.3M if initial purchasers' overallotment option exercised in full).
- Proceeds for working capital, general corporate purposes, and potential acquisitions/strategic investments.
- Issued in private placement to QIBs under Rule 144A; shares upon conversion not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657573/000119312522028542/0001193125-22-028542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657573/000119312522028542/d278632d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-028542

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer