NORTH HUNTINGDON, Pa., Sept. 13, 2013 (GLOBE NEWSWIRE) -- The ExOne Company (Nasdaq:XONE) ("ExOne" or the "Company"), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, announced today that it has closed the previously announced underwritten public offering of 2,656,000 shares of its common stock at a price to the public of $62.00 per share. In addition, the Company announced the closing of the exercise by the underwriters of their over-allotment option to purchase an additional 398,400 shares. In connection with the offering, the Company sold 1,106,000 shares, and the selling stockholders sold 1,948,400 shares (including the 398,400 shares sold on the exercise of the over-allotment option). ExOne received net proceeds of approximately $64.8 million from the offering after deducting underwriting discounts and commissions and estimated offering expenses.
FBR acted as the book-running manager for the offering. BB&T Capital Markets, Stephens Inc. and Canaccord Genuity Inc. acted as the co-managers for the offering.
The common stock was issued pursuant to a registration statement on Form S-1, which was declared effective by the Securities and Exchange Commission on September 9, 2013. Copies of the written prospectus for the offering may be accessed through the Securities and Exchange Commission's website at www.sec.gov , or may be obtained from FBR, Attention: Syndicate Prospectus Department, 1001 Nineteenth Street North, Arlington, Virginia 22209, Telephone: 703-312-9500, Email: firstname.lastname@example.org.This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About ExOne ExOne is a global provider of 3D printing machines and printed products to industrial customers. ExOne's business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in-house 3D printing machines. ExOne offers pre-production collaboration and prints products through Production Service Centers, which are located in the United States, Germany and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated products, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.