ExOne Prepares For IPO

 
By Patrick Waurzyniak
Senior Editor

The ExOne Co. (North Huntingdon, PA), a developer of 3D printing machines and printed products, on Jan. 9 filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. 

ExOne was founded in 2005 as a spinoff of Extrude Hone Corp. (Irwin, PA), a developer of precision nontraditional machining processes and automated systems that was acquired by cutting tool developer Kennametal (Latrobe, PA) in March 2005.

The registration statement had previously been submitted on a confidential basis under the JOBS Act, according to ExOne, and the number of shares to be offered and the price range for the offering have not yet been determined. An application will be made to list the common stock on the NASDAQ Global Market under the symbol XONE.

FBR Capital Markets& Co. is acting as the book-running manager for the proposed offering. The offering will be made only by means of a prospectus. A copy of the preliminary prospectus related to the offering may be obtained when available from the SEC’s website at www.sec.gov or from FBR—Capital Markets & Co., Attention: Syndicate Prospectus Department, 1001 Nineteenth Street North, Arlington, Virginia 22209, Telephone: 703-312-9500, E-mail: prospectuses@fbr.com. For investor info, contact John Irvin at ExOne, 724-765-1310 or john.irvin@exone.com.