3D Systems Announces Proposed Public Offering

▤ Summary

3D Systems announced a proposed underwritten public offering of $40 million in common stock. The company also plans to give underwriters an option to buy up to 15% additional shares. The offering depends on market conditions and may change in size or timing. 3D Systems says it will use its software, printing technologies, and materials to serve industrial and medical markets, but this announcement itself is about capital raising rather than a product or operating change.

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3D Systems

$250M to $500M