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Wednesday, Aug 21
ExOne announces 2.66M-share stock offering, shares -1.1% AH
- ExOne (XONE) is issuing 1.11M new shares, and selling 1.55M shares on behalf of entities associated with chairman/CEO Kent Rockwell. Underwriters have a 398.4K-share overallotment option. (PR)
- In the S-1, ExOne says it will use the proceeds ($74M based on ExOne's current trading price) to "finance future acquisitions or partnerships and alliances."
- Bigger rivals 3D Systems and Stratasys have been acquiring companies left and right.