Tuesday, January 29, 2013

3D Printing Company ExOne Sets Terms for $75 Million IPO (XONE)

From our intro to Jan. 17th's "3D Printer Co. ExOne Files for $75 Million IPO (XONE)":
Part of the company's positioning is use of the phrase "Imminent Materialization". Not really catchy but I like it.

If you are new to our little corner of Mr. Berners-Lee's www, we don't invest in IPOs. Period.
There are so many ways to underperform in investing that we can't use every available technique.
We do however like the information that you can glean from S-1's....
Here's the scoopage from Renaissance Capital's IPO Home:
ExOne, a provider of 3D printing machines and printed products to industrial customers, announced terms for its IPO on Monday. The North Huntingdon, PA-based company plans to raise $75 million by offering 5 million shares at a price range of $14 to $16. At the midpoint of the proposed range, ExOne would command a fully diluted market value of $192 million. ExOne, which was founded in 2003 and booked $19 million in sales for the 12 months ended 9/30/2012, plans to list on the NASDAQ under the symbol XONE. FBR Capital Markets is the sole bookrunner on the deal.
And here's the amended S1 filing dated January 28, 2013.