ROCK HILL, South Carolina, March 31, 2011 – 3D Systems Corporation (NASDAQ: TDSC) today announced that the underwriters for its recently announced public offering have fully exercised their over-allotment option to purchase an additional 306,000 shares of 3D Systems Corporation common stock, subject to the completion of close, which is anticipated for April 5, 2011.
The option was granted in connection with an offering of 2,040,000 shares of common stock which closed on March 16, 2011. The 2,346,000 shares, including the 306,000 shares subject to the over-allotment option, were sold at a price to the public of $44.00 per share. Of these shares included in the over-allotment option shares, 195,000 shares are being sold by the Company and 111,000 shares are being sold by certain selling stockholders.
The public equity offering and the exercise of the over-allotment option, were made under a shelf registration statement previously filed with the Securities and Exchange Commission (“SEC”). 3D Systems intends to use the net proceeds from its offering for general corporate purposes, including potential acquisitions. The Company will not receive any proceeds from the sale of shares by the selling stockholders.
Barclays Capital served as sole book-running manager, and Canaccord Genuity and Needham & Company, LLC acted as co-managers for the offering.
A copy of the final prospectus for this offering can be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at [email protected], or by calling 888-603-5847. You may also obtain these documents free of charge by visiting the SEC's website.
More information on the company is available at www.3DSystems.com, www.printin3D.com, www.toptobottomdental.com, www.3Dproparts.com, www.bitsfrombytes.com, www.quickparts.com, www.dpt-fast.com, blog.3dsystems.com, or via email at [email protected].