Xometry, Inc. (XMTR): debt financing — Xometry closes $250M 0.75% convertible notes due 2030; repurchases $202M of 2027 notes

Xometry, Inc.

Issued $250M aggregate principal of 0.75% Convertible Senior Notes due 2030; initial conversion price ~$47.06 (30% premium over $36.20 close).
Net proceeds $241.2M; used $17.5M for capped call transactions and $8M to repurchase common stock concurrently.
Used ~$216.7M to repurchase $201.7M principal of existing 1.00% 2027 notes; ~$85.8M of 2027 notes remain outstanding.
Capped call transactions with initial cap price of $63.35 per share to reduce potential dilution on conversion.
Notes mature June 15, 2030; interest payable semi-annually at 0.75% starting December 15, 2025.

item 1.01 item 2.03 item 3.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Xometry, Inc. incurred convertible notes of $250.0 million with U.S. Bank Trust Company, National Association at 0.75% maturing June 15, 2030.

Instrument: convertible notes
Principal: $250.0 million
Counterparty: U.S. Bank Trust Company, National Association
Rate: 0.75%
Maturity: June 15, 2030
Event: incurrence

Exact text from the filing

Xometry, Inc. (the “ Company ”) completed its previously announced private offering (the “ Offering ”) of $250.0 million aggregate principal amount of 0.75% Convertible Senior Notes due 2030 (the “ Notes ”)

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102 debt financings filed in the last 30 days. Browse all debt financings →

Xometry, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-139895

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