Rock Hill, SC—3D Systems, maker of consumer 3D printers, has priced a public offering of 5,950,000 shares of its common stock for estimated total gross proceeds of approximately $317 million. In connection with the offering, the company has granted to the underwriter an option for 30 days to purchase up to 892,500 additional shares of common stock. The offering is subject to customary closing conditions.
3D Systems intends to use the net proceeds to finance future acquisitions and for working capital and general corporate purposes. The offering will be made pursuant to 3D Systems’ effective registration statement filed with the Securities and Exchange Commission (SEC) on May 27, 2014, which became effective immediately upon filing. 3dsystems.com