Xometry Announces Pricing of Public Offering of Class A Common Stock
Rhea-AI Summary
Xometry (NASDAQ: XMTR) priced an underwritten public offering of 2,647,059 shares of Class A common stock at $85.00 per share, for expected gross proceeds of about $225 million.
The company granted underwriters a 30-day option for 397,058 additional shares, with closing expected on June 3, 2026, and plans to use proceeds for working capital and general corporate purposes.
Positive
- Underwritten equity offering expected to raise about $225 million gross proceeds
- Shares priced at $85.00 per share in public offering
- 30-day underwriter option for up to 397,058 additional shares
- Proceeds earmarked for working capital and general corporate purposes
- Offering supported by major underwriters J.P. Morgan and Goldman Sachs
Negative
- Company to issue 2,647,059 new shares, increasing total share count
- Net proceeds will be below $225 million after discounts and commissions
News Market Reaction – XMTR
In the Jun 2 session, XMTR declined 10.76%, reflecting a significant negative market reaction. Argus tracked a trough of -6.6% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 21 | Board appointment | Positive | -5.3% | AI-focused director Lukas Biewald added to support marketplace capabilities. |
| May 14 | Product/market expansion | Positive | +4.4% | Expanded single-platform sourcing for critical data center components. |
| May 07 | Earnings and outlook | Positive | +39.2% | Record Q1 2026 results and raised 2026 revenue growth outlook. |
| May 07 | Strategic partnership | Positive | +39.2% | Siemens partnership embedding AI-native supply chain intelligence. |
| May 07 | Strategic partnership | Positive | +39.2% | Siemens minority investment of about $50M in Xometry Class A stock. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent company-specific news, especially strong Q1 results and AI-focused partnerships, has generally coincided with positive price moves, while governance or management items have seen at least one negative reaction.
Over the past months, Xometry reported record Q1 2026 results with $205.1M revenue and a notable +39.18% price reaction, alongside a strategic Siemens partnership that included about $50M of Class A stock purchases. Earlier in May, expanded support for data center supply chains coincided with a +4.4% move, while a board appointment for AI expertise saw a -5.34% reaction. Today’s Class A offering follows this run of strong fundamentals, partnerships, and recent insider and Form 144 activity.
Key Terms
underwritten public offering financial
class a common stock financial
shelf registration statement regulatory
form s-3 regulatory
base prospectus regulatory
prospectus supplement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NORTH BETHESDA, Md., June 02, 2026 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global, AI-native marketplace connecting buyers and suppliers of custom manufacturing, today announced the pricing of an underwritten public offering of 2,647,059 shares of its Class A common stock at a price to the public of
Xometry intends to use the net proceeds from the offering for working capital and general corporate purposes.
J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint book-running managers for the offering. William Blair, Citizens Capital Markets and Cantor are also acting as book-running managers for the offering. Craig-Hallum is acting as co-manager for the offering.
The offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, that was filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 1, 2026 and became automatically effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC, and a final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available for free on the SEC’s website located at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus relating to the offering may be obtained, when available from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile (212) 902-9316, or by email at Prospectus-ny@ny.email.gs.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Xometry
Xometry’s (NASDAQ: XMTR) AI-native marketplace, popular Thomasnet® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their businesses and streamlines the procurement process for buyers through real-time pricing and lead time data.
Forward-Looking Statements
This press release contains “forward-looking” statements that involve risks and uncertainties, including statements regarding the anticipated closing date of the offering and Xometry’s use of proceeds from the offering. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “would,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from Xometry’s plans, including those more fully described in our filings with the Securities and Exchange Commission (“SEC”) from time to time, including Xometry’s Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements in this press release are based on information available to Xometry and assumptions and beliefs as of the date hereof, and Xometry disclaims any obligation to update any forward-looking statements, except as required by law.
Media Contact
Lauran Cacciatori
VP Communications
773-610-0806
lauran.cacciatori@xometry.com
Investor Contact
Shawn Milne
VP Investor Relations
240-335-8132
shawn.milne@xometry.com
