3D Systems (DDD) Prices 3.7M Offering at $27/Share

June 14, 2012 7:00 AM EDT
3D Systems Corporation (NYSE: DDD) announced today the pricing of an underwritten public offering of 3,700,000 shares of its common stock at a price of $27.00 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 555,000 shares to cover over-allotments in connection with the offering. After deducting the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $95.2 million, assuming no exercise of the over-allotment option. The offering is expected to close on June 19, 2012, subject to satisfaction of customary closing conditions.

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