Stratasys 3-D printing company nets $462M via public offering

3-D printer manufacturer Stratasys Ltd. today reported it has closed its previously announced public offering.

The company sold more than 5 million ordinary shares at a public offering price of $93 per share for net offering proceeds of approximating $462.8 million, after underwriting discounts, commissions and other estimated offering expenses. J.P. Morgan acted as sole book-running manager for the offering with Piper Jaffray, Morgan Stanley, BofA Merrill Lynch and Needham & Company acting as co-managers.

Further information on the offering, including a registration statement relating to the ordinary shares and a final prospectus supplement, is available at

Stratasys Ltd. was formed in 2012 by the merger of 3-D printing companies Stratasys Inc. and Objet Ltd., based respectively in Minneapolis and Rehovot, Israel.

[ photo courtesy of Stratasys ]