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3D printing company ExOne sets terms for $75 million IPO

January 28, 2013

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.