---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-139895"
form_type: "8-K"
ticker: "XMTR"
cik: "0001657573"
company_name: "Xometry, Inc."
filed_at: "2025-06-12T23:59:59+00:00"
generated_at: "2026-05-19T10:46:19.616254+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xometry closes $250M 0.75% convertible notes due 2030; repurchases $202M of 2027 notes

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-139895
- form_type: 8-K
- ticker: XMTR
- cik: 0001657573
- company_name: Xometry, Inc.
- filed_at: 2025-06-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657573/000119312525139895/0001193125-25-139895-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657573/000119312525139895/d936959d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-139895
- JSON: https://secwatch.observer/filing/0001193125-25-139895.json
- Plain text: https://secwatch.observer/filing/0001193125-25-139895.txt

## Key facts
- Debt Financings
  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
  source text: 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 ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657573/000119312525139895/0001193125-25-139895-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.