voxeljet, a leading provider of 3D printers and on-demand parts services, announced terms for its IPO on Monday. The Friedberg, Germany-based company plans to raise $91 million by offering 6.5 million shares (14% insider) at a price range of $13 to $15. At the midpoint of the proposed range, voxeljet would command a market value of $309 million.
voxeljet, which was founded in 1999 and booked $11 million in sales for the 12 months ended June 30, 2013, plans to list on the NYSE under the symbol VJET. voxeljet initially filed confidentially on August 12, 2013. Piper Jaffray and Citi are the joint bookrunners on the deal.
