3D Systems swaps $92.03M of 5.875% secured 2030 notes for $85M of 3.30% 2031 notes, $20M cash and 13.5M shares

3D SYSTEMS CORP

• Exchanges $92,030,000 principal of 5.875% convertible senior secured notes due 2030, representing all outstanding 2030 notes, held by all holders.
• Consideration: $85,000,000 of new 3.30% convertible senior notes due 2031, 13,471,138 common shares and $20,000,000 cash plus accrued interest.
• 2031 notes convert at 291.3753 shares per $1,000, or about $3.43/share, a 30.0% premium to the $2.64 NYSE close on November 4, 2026.
• New notes mature April 1, 2031, pay semiannually from April 1, 2027, and are senior unsecured; 2030 collateral and guarantees are released.
• Closing expected on or about November 12, 2026; no cash proceeds to the company; up to 32,196,963 shares issuable on conversion.