3D Printing and High-Tech companies.
XJet, Israeli 3D Printing for $10M IPO with Nasdaq listing
XJet, an Israeli 3D printing provider, has filed for an initial public offering (IPO) and aims to raise approximately $10 million. The company plans to offer 2 million shares priced between $4 to $6 per share. Additionally, underwriters have been granted a 45-day option to purchase up to 300,000 additional shares. XJet’s NanoParticle Jetting technology is used for manufacturing metal and ceramic parts. Aegis Capital is serving as the sole book runner for the IPO. While XJet has reported a net comprehensive loss of $17.6 million on revenue of $6 million for 2022, it hopes to list its shares on Nasdaq under the symbol XJET.
Israeli 3D Printing Provider XJet Proposes Terms for $10M IPO.