STOCK TITAN

Xometry schedules ~$85M convertible note redemption

Holders may convert until 5:00 p.m. New York City time on November 19; remaining notes are scheduled for cash redemption November 20.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
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Form Type
8-K

Rhea-AI Filing Summary

Xometry, Inc. issued a notice to redeem approximately $85.0 million aggregate principal amount outstanding of its 1.00% Convertible Senior Notes due 2027 on November 20, 2026. Notes not converted before the applicable deadline will be redeemed for cash at 100% of principal, plus accrued and unpaid interest, if any, from August 1, 2026 to but not including the redemption date.

Holders may convert the notes until 5:00 p.m. New York City time on November 19, 2026. Each $1,000 principal amount converts into 17.8213 shares of Class A common stock, subject to adjustment under the indenture, with 0.0018 additional shares per $1,000 for conversions before that deadline. Xometry elected Physical Settlement for conversions after the notice and before the deadline.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Outstanding principal amount Approximately $85.0 million 1.00% Convertible Senior Notes due 2027
Interest rate 1.00% Convertible Senior Notes due 2027
Redemption price 100% of principal Cash redemption on November 20, 2026, plus accrued and unpaid interest, if any
Base conversion rate 17.8213 shares per $1,000 principal amount Convertible into Class A common stock, subject to adjustment under the indenture
Additional conversion shares 0.0018 additional shares per $1,000 principal amount Conversions before 5:00 p.m. New York City time on November 19, 2026
Convertible Senior Notes financial
"1.00% Convertible Senior Notes due 2027"
Convertible senior notes are a type of loan that a company issues to investors, which can be turned into company shares later on. They are called "senior" because they are paid back before other debts if the company runs into trouble. This allows investors to earn interest like a loan but also have the chance to own part of the company if its value rises.
Redemption Price financial
"the “Redemption Price”"
The redemption price is the amount of money a person receives when they sell or redeem a bond or investment before it matures. It’s important because it determines how much you get back and can affect your overall profit or loss on the investment. Think of it like the price you get when returning a gift card early—it's the value you receive at that time.
Physical Settlement financial
"settle any conversions ... by Physical Settlement"
Physical settlement is when the actual item, like a commodity or product, is delivered to the buyer after a trade, instead of just settling with money. For example, if you buy a barrel of oil through a contract with physical settlement, you will receive the oil itself. It matters because it ensures the real thing changes hands, not just the price.
conversion rate financial
"the conversion rate will be increased"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
Scheduled Trading Day technical
"on the Scheduled Trading Day immediately preceding the Redemption Date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will XMTR redeem its convertible notes?

Xometry scheduled redemption for November 20, 2026. Notes not converted by the applicable deadline will be redeemed for cash at 100% of principal, plus accrued and unpaid interest, if any, from August 1, 2026 to but not including the redemption date.

What are the XMTR convertible note conversion terms?

Each $1,000 principal amount converts into 17.8213 shares of Class A common stock, subject to adjustment under the indenture. For conversions before 5:00 p.m. New York City time on November 19, 2026, the conversion rate increases by 0.0018 additional shares per $1,000. Xometry elected Physical Settlement for conversions after the redemption notice and before that deadline.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false000165757300016575732026-11-052026-11-05

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 05, 2026

 

 

Xometry, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

001-40546

32-0415449

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

6116 Executive Blvd, Suite 800

 

North Bethesda, Maryland

 

20852

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (240) 252-1138

 

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A common stock, par value $0.000001 per share

 

XMTR

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 


Item 8.01

Other Events.

On November 5, 2026, Xometry, Inc. (the “Company”) issued a notice of redemption (the “Redemption Notice”) for all approximately $85.0 million aggregate principal amount outstanding of its 1.00% Convertible Senior Notes due 2027 (the “Notes”), which were issued pursuant to the Indenture, dated as of February 4, 2022 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as Trustee, relating to the Notes.

 

Pursuant to the Redemption Notice, on November 20, 2026 (the “Redemption Date”), the Company will redeem any Notes that have not been converted prior to the close of business on the Scheduled Trading Day (as defined in the Indenture) immediately preceding the Redemption Date at a redemption price in cash equal to 100% of the principal amount of such Notes, plus accrued and unpaid interest, if any, from August 1, 2026 to, but not including, the Redemption Date (the “Redemption Price”). On the Redemption Date, the Redemption Price will become due and payable upon each Note to be redeemed, and interest thereon, if any, shall cease to accrue on and after the Redemption Date.

 

The Notes called for redemption may be converted by holders at any time before 5:00 p.m. (New York City time) on November 19, 2026 (the “Conversion Deadline Date”). Each $1,000 principal amount of the Notes is convertible into 17.8213 shares of Class A common stock of the Company, par value $0.000001 per share, subject to adjustment under certain circumstances as set forth in the Indenture. Pursuant to the Indenture, the conversion rate will be increased by 0.0018 additional shares per $1,000 principal amount of the Notes for conversions prior to 5:00 p.m. (New York City time) on the Conversion Deadline Date. The Company has elected to settle any conversions occurring after the date of the Redemption Notice and prior to 5:00 p.m. (New York City time) on the Conversion Deadline Date by Physical Settlement (as defined in the Indenture).

 

Forward Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this Current Report on Form 6-K include, but are not limited to, statements related to the planned redemption of the Notes. These forward-looking statements are based on the Company’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward looking statements as a result of these risks and uncertainties, which include, without limitation, risks associated with executing the redemption of the Notes and events that could impact the terms of the redemption, as well as those described in the Company’s filings with the United States Securities and Exchange Commission (“SEC”), including those factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Company’s other filings and reports that we may file from time to time with the SEC. Forward-looking statements speak only as of the date of this press release and the Company does not undertake any obligation to update or revise these statements, except as may be required by law.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

XOMETRY, INC.

 

 

 

 

Date:

November 5, 2026

By:

/s/ James Miln

 

 

 

James Miln
Chief Financial Officer

 


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