Xometry Announces Pricing of Public Offering of Class A Common Stock

▤ Summary

Xometry priced an underwritten public offering of 2,647,059 shares of Class A common stock at $85.00 per share. The company expects gross proceeds of about $225 million, with an option for underwriters to buy additional shares. Xometry said it will use the net proceeds for working capital and general corporate purposes. The company operates an AI-native marketplace and cloud-based sourcing platform for custom manufacturing, which makes this news relevant to the software and industrial-tech audience.

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