Xometry Inc. Reports Board and Executive Changes
Ticker: XMTR · Form: 8-K · Filed: Oct 17, 2024 · CIK: 1657573
| Field | Detail |
|---|---|
| Company | Xometry, Inc. (XMTR) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.000001, $300,000 b, $43,750, $175,000, $35,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Xometry's board is changing, with new directors and officers appointed. Keep an eye on strategy shifts.
AI Summary
On October 15, 2024, Xometry, Inc. filed an 8-K report detailing changes in its board of directors and executive officers. The filing includes information on the election of new directors and the appointment of certain officers, as well as updates on compensatory arrangements for these individuals. The report also covers Regulation FD disclosures and financial statement exhibits.
Why It Matters
Changes in a company's board and executive team can signal shifts in strategy, governance, or operational focus, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and executive compensation can introduce uncertainty and signal strategic shifts, which may carry inherent risks.
Key Players & Entities
- Xometry, Inc. (company) — Registrant
- October 15, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 6116 Executive Blvd, Suite 800 (address) — Principal Executive Offices
- North Bethesda, Maryland (location) — Principal Executive Offices Location
- 20852 (zip_code) — Principal Executive Offices Zip Code
- (240) 252-1138 (phone_number) — Registrant's Telephone Number
FAQ
What specific changes were made to Xometry, Inc.'s board of directors and executive officers?
The 8-K filing indicates the election of new directors and the appointment of certain officers, along with updates on their compensatory arrangements, as of October 15, 2024.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing is October 15, 2024.
What is Xometry, Inc.'s state of incorporation?
Xometry, Inc. is incorporated in Delaware.
Where are Xometry, Inc.'s principal executive offices located?
Xometry, Inc.'s principal executive offices are located at 6116 Executive Blvd, Suite 800, North Bethesda, Maryland 20852.
What other information is included in this 8-K filing besides executive and director changes?
This filing also includes information on Regulation FD disclosures and financial statement exhibits.
Filing Stats: 1,073 words · 4 min read · ~4 pages · Grade level 10.6 · Accepted 2024-10-17 08:05:10
Key Financial Figures
- $0.000001 — tered Class A common stock, par value $0.000001 per share XMTR Nasdaq Global Select
- $300,000 b — n amount equal to a grant date value of $300,000 based on the average closing price of the
- $43,750 — n amount equal to a grant date value of $43,750, representing the standard annual award
- $175,000 — ward of RSUs with a grant date value of $175,000 prorated for three months of Mr. Azeved
- $35,000 — will be paid an annual cash retainer of $35,000 for his service as a member of the Boar
- $10,000 — s an additional annual cash retainer of $10,000 for his service as a member of the Audi
Filing Documents
- xmtr-20241015.htm (8-K) — 44KB
- xmtr-ex99_1.htm (EX-99.1) — 20KB
- 0000950170-24-115163.txt ( ) — 181KB
- xmtr-20241015.xsd (EX-101.SCH) — 24KB
- xmtr-20241015_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On October 17, 2024, the Company issued a press release announcing the appointment of Mr. Azevedo to the Board. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. As provided in General Instruction B.2 of Form 8-K, the information set forth under this Item 7.01 and in the accompanying Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as otherwise expressly stated in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release of Xometry, Inc. issued on October 17, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. XOMETRY, INC. Date: October 17, 2024 By: /s/ Randolph Altschuler Randolph Altschuler Chief Executive Officer