Details on the announced share placement are coming from voxeljet today. The Friedberg-based company, whose shares are listed on the NASDAQ via American Depository Receipts, among others, entered into final agreements with institutional investors on Friday to buy and sell 621,170 new shares at a purchase price of EUR 13.33 per share – Converted to $ 16.16 based on yesterday’s exchange rate. “The closing of the offer is expected to take place on or around January 27, 2021, subject to the fulfillment of customary closing conditions,” said voxeljet on Friday.
The placement price is noticeably higher than today’s price: The voxeljet share is currently trading on the NASDAQ at $ 14.99, down 11.82 percent, the daily low is quoted at $ 14. Since the corona crash low in March, the company’s share price had multiplied from $ 2.92 to $ 17.00 yesterday.
voxeljet is a provider of large format, high speed 3D printers and on-demand parts services for industrial and commercial customers.