3D Systems to Issue 13,471,138 Unregistered Shares in Debt Exchange

By Public Technologies
  • 3D Systems agreed to issue 13,471,138 common shares in an unregistered, privately negotiated debt exchange.
  • The exchange will retire all $92.03 million of outstanding 5.875% convertible senior secured notes due 2030, eliminating secured debt.
  • Holders will receive $85 million of newly issued 3.30% convertible senior notes due 2031, which will be unsecured.
  • Cash consideration totals $20 million, excluding accrued interest; the company will receive no cash proceeds.
  • Closing is expected on or about November 12, 2026, subject to closing conditions.


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