Financing ·
Xometry calls $85M of 1% convertible notes due 2027 for redemption on Nov 20
XMTRXometry, Inc.
Xometry, Inc. issued a notice of redemption for all approximately $85.0 million aggregate principal amount outstanding of its 1.00% Convertible Senior Notes due 2027. The company will redeem the notes at a price equal to 100% of the principal plus accrued and unpaid interest on November 20, 2026. Holders may convert their notes into Class A common stock prior to 5:00 p.m. New York City time on November 19, 2026, at a rate of 17.8213 shares per $1,000 principal amount, with an additional increase for conversions before the deadline. Xometry operates in the technology sector, providing cloud-based manufacturing services.