3D Systems to present at automotive conference (Metal Powder)
Greg Elfering, vice president of sales, 3D Systems Corporation (NYSE:DDD), plans to discuss AM’s opportunities and challenges for the automotive aftermarket at the Conference of the US Automotive Aftermarket Suppliers Association (AASA) Technology Council (ATC), which takes place from 13-15 in Marco Island, Florida.
Stratasys contest seeks 3D printing design ideas (MINNPost)
Stratasys, Ltd. (NASDAQ:SSYS), a 3D printing equipment and materials manufacturer, recently launched its annual Extreme Redesign 3D Printing Challenge, which awards winners with scholarship money. Stratasys, whose U.S. headquarters is in Eden Prairie, requires contest applicants to use computer-aided design (CAD) software (software that allows the user to create 2D and 3D blueprints) to design or redesign a product that improves how a task is accomplished.
Stratasys Ltd. Announces Exercise of Over-Allotment Option (Market Watch)
Stratasys, Ltd. (NASDAQ:SSYS) and production, today announced that the underwriters of its recently announced public offering have fully exercised their over-allotment option to purchase an additional 675,000 shares at a public offering price of $93.00 per share. This brings the total number of shares to be sold in the offering to 5,175,000 ordinary shares and the net offering proceeds to Stratasys from the offering to approximately $462.8 million, after deducting underwriting discounts and commissions and other estimated offering expenses. The offering is expected to close on September 18, 2013, subject to the satisfaction of customary closing conditions. J.P. Morgan has acted as sole book-running manager for the offering, and Piper Jaffray, Morgan Stanley, BofA Merrill Lynch, and Needham & Company have acted as co-managers for the offering.
ExOne share sale takes in $64M (Pittsburgh BusinessTimes)
The ExOne Co (NASDAQ:XONE) brought in $64.8 million for its sale of more than 1 million shares in a public offering last week. The North Huntingdon-based 3D printing company said it would use the proceeds from the share offering to potentially fund acquisitions and mergers. ExOne Co (NASDAQ:XONE) sold 1.1 million shares at $62 each. Other shareholders sold 1.9 million shares.
Lafayette College gifted $27.9M from sale of ExOne stock (Pittsburgh BusinessTimes)
The sale of more than 1 million shares of stock of the ExOne Co (NASDAQ:XONE) last week not only marked good news for the North Huntingdon-based 3-D printing company, but also for Lafayette College, ExOne Chairman and CEO Kent Rockwell’s alma mater. On Monday, the university announced it received $27.9 million from the sale of ExOne Co (NASDAQ:XONE) stock that was gifted to the university by Rockwell. The gift, which is one of the largest contributions in the college’s history, was made to a trust Rockwell established to benefit the college. In a release, the college said the gift will support initiatives in science, technology and innovation at the college.