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ExOne Co Announces Closing of Public Offering of Common Stock


Friday, 13 Sep 2013 04:05pm EDT 

ExOne Co announced that it has closed the previously announced underwritten public offering of 2,656,000 shares of its common stock at a price to the public of $62.00 per share. In addition, the Company announced the closing of the exercise by the underwriters of their over-allotment option to purchase an additional 398,400 shares. In connection with the offering, the Company sold 1,106,000 shares, and the selling stockholders sold 1,948,400 shares (including the 398,400 shares sold on the exercise of the over-allotment option). ExOne received net proceeds of approximately $64.8 million from the offering after deducting underwriting discounts and commissions and estimated offering expenses. FBR acted as the book-running manager for the offering. BB&T Capital Markets, Stephens Inc. and Canaccord Genuity Inc. acted as the co-managers for the offering. 

Company Quote

36.51
0.68 +1.90%
11 Jul 2014