3D Systems Corp Files 8-K Report
Ticker: DDD · Form: 8-K · Filed: Mar 5, 2024 · CIK: 910638
Sentiment: neutral
Topics: sec-filing, 8-k, corporate-events
Related Tickers: 3DS
TL;DR
3D Systems filed an 8-K, likely containing financial updates and other corporate events.
AI Summary
On March 4, 2024, 3D Systems Corporation filed an 8-K report. The filing primarily concerns financial statements and exhibits, and other events. No specific financial figures or new material events were detailed in the provided excerpt.
Why It Matters
This filing indicates that 3D Systems Corporation is providing updated information to the SEC, which could include important financial or operational disclosures.
Risk Assessment
Risk Level: low — The filing is a routine disclosure and does not appear to contain any immediately alarming information.
Key Numbers
- 001-34220 — Commission File Number (Identifies the company's SEC filings)
- 95-4431352 — I.R.S. Employer Identification No. (Company's tax identification number)
Key Players & Entities
- 3D Systems Corporation (company) — Registrant
- March 4, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Rock Hill, South Carolina (location) — Principal Executive Offices
FAQ
What specific 'Other Events' are being reported by 3D Systems Corporation in this 8-K filing?
The provided excerpt does not detail the specific 'Other Events' being reported, only that this item is included in the filing.
Are there any new financial statements or exhibits attached to this 8-K filing?
The filing indicates 'Financial Statements and Exhibits' as an item information, suggesting that such documents are part of the report, but their content is not detailed in the excerpt.
What is the principal executive office address for 3D Systems Corporation?
The principal executive offices are located at 333 Three D Systems Circle, Rock Hill, South Carolina 29730.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated March 4, 2024.
Is this a routine filing for 3D Systems Corporation?
Yes, this is a Form 8-K, which is a current report filed to announce major corporate events or financial changes.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-03-05 08:14:53
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share DDD New York Stock Exchan
- $110 million — chase (the "Repurchases") approximately $110 million aggregate principal amount of the Notes
- $87 million — cash repurchase price of approximately $87 million. The Repurchases are expected to clos
- $214 million — osing of the Repurchases, approximately $214 million in aggregate principal amount of the No
Filing Documents
- d797342d8k.htm (8-K) — 23KB
- d797342dex991.htm (EX-99.1) — 11KB
- g797342g0305091543837.jpg (GRAPHIC) — 3KB
- 0001193125-24-058717.txt ( ) — 158KB
- ddd-20240304.xsd (EX-101.SCH) — 3KB
- ddd-20240304_lab.xml (EX-101.LAB) — 17KB
- ddd-20240304_pre.xml (EX-101.PRE) — 11KB
- d797342d8k_htm.xml (XML) — 3KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 4, 2024 3D SYSTEMS CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-34220 95-4431352 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 333 Three D Systems Circle Rock Hill , South Carolina 29730 (Address of Principal Executive Offices) (Zip Code) (803) 326-3900 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.001 per share DDD New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item8.01 Other Events. On March 4, 2024, 3D Systems Corporation (the "Company") entered into separate, privately negotiated transactions with certain holders of the Company's outstanding 0% Convertible Senior Notes due 2026 (the "Notes"), pursuant to which the Company will repurchase (the "Repurchases") approximately $110 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately $87 million. The Repurchases are expected to close on or about March 8, 2024, subject to certain closing conditions. The Company intends to cancel the repurchased Notes. Following the closing of the Repurchases, approximately $214 million in aggregate principal amount of the Notes will remain outstanding, with terms unchanged. The Company issued a press release announcing the Repurchases on March 5, 2024, a copy of which is attached as Exhibit 99.1 hereto and incorporated by reference herein. Item9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release dated March 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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 hereunto duly authorized. 3D SYSTEMS CORPORATION Date: March 5, 2024 By: /s/ Andrew M. Johnson Andrew M. Johnson Chief Corporate Development Officer and Chief Legal Counsel