debt
confidence high
sentiment neutral
materiality 0.50
Xometry issues additional $37.5M of 1.00% Convertible Notes due 2027
Xometry, Inc.
- Issued $37.5M additional 1.00% Convertible Senior Notes due 2027 under greenshoe option.
- Total now $287.5M (initial $250M plus $37.5M) in 1.00% convertible notes due 2027.
- Notes sold to initial purchasers via private placement; shares issuable upon conversion unregistered.
- Maximum 852,078 shares of common stock issuable upon conversion at initial rate of 22.7221 shares per $1,000.