0000950170-24-060546.txt : 20240515 0000950170-24-060546.hdr.sgml : 20240515 20240515163809 ACCESSION NUMBER: 0000950170-24-060546 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240513 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240515 DATE AS OF CHANGE: 20240515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Xometry, Inc. CENTRAL INDEX KEY: 0001657573 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 320415449 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40546 FILM NUMBER: 24951937 BUSINESS ADDRESS: STREET 1: 6116 EXECUTIVE BOULEVARD, SUITE 800 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 BUSINESS PHONE: 240-335-7914 MAIL ADDRESS: STREET 1: 6116 EXECUTIVE BOULEVARD, SUITE 800 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 8-K 1 xmtr-20240513.htm 8-K 8-K
false000165757300016575732024-05-132024-05-13

 

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): May 13, 2024

 

 

Xometry, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

001-40546

32-0415449

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

6116 Executive Blvd, Suite 800

 

North Bethesda, Maryland

 

20852

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (240) 252-1138

 

Not applicable

(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

Class A common stock, par value $0.000001 per share

 

XMTR

 

Nasdaq Global Select Market

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. ☐

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 13, 2024, Kathy Mayerhofer, notified the Company of her decision to resign from her position as the Company’s Chief Sales Officer effective as of May 15, 2024 (the “Effective Date”). Ms. Mayerhofer’s resignation was not the result of any dispute or disagreement with the Company or any matter related to the Company's operations, policies or practices.

On May 15, 2024, the Company announced that Subir Dutt has been appointed to serve as the Company’s Chief Sales Officer, effective as of the Effective Date, succeeding Ms. Mayerhofer. To assist in the transition to Mr. Dutt, Ms. Mayerhofer will continue serving as an employee of the Company for a period of up to 60 days from the Effective Date.

Item 7.01. Regulation FD Disclosure.

On May 15, 2024, the Company issued a press release announcing the appointment of Mr. Dutt as the Company’s Chief Sales Officer and the resignation of Ms. Mayerhofer. 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.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press Release of Xometry, Inc. issued on May 15, 2024.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

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:

May 15, 2024

By:

/s/ Randolph Altschuler

 

 

 

Randolph Altschuler
Chief Executive Officer

 

 EX-99.1 2 xmtr-ex99_1.htm EX-99.1 EX-99.1

 

Exhibit 99.1

 

Xometry Appoints Subir Dutt As Chief Sales Officer

•
Brings Extensive Enterprise Sales Experience With Leadership Positions At Google, Oracle, CapGemini
•
Expert In AI, Cloud Services And Transformational Technologies To Help Clients Accelerate Their Digital Journeys
•
Succeeds Kathy Mayerhofer, Who Will Work With Dutt To Ensure A Seamless Transition

NORTH BETHESDA, MD., May 15, 2024 – Xometry, the global AI-powered marketplace that connects buyers with suppliers of custom manufacturing services, today announced the appointment of Subir Dutt as the company’s new Chief Sales Officer.

A widely respected enterprise sales leader for Google, Oracle and CapGemini, Dutt brings considerable expertise leading high-performing sales teams across North America, Europe and Asia. He most recently served as head of mid-Atlantic enterprise sales for Google Cloud, where he and his team drove significant, triple-digit increases in annual revenue. Dutt succeeds Kathy Mayerhofer, who announced she is stepping away to pursue outside activities.

“Subir brings significant experience leading high-performing, high-growth sales teams that cater to large enterprise customers across nearly every sector,” said Randy Altschuler, CEO of Xometry. “Subir is an expert in AI and cloud-based services, matching our own company’s offerings, and he innately understands the manufacturing world, having earned his bachelor’s and master’s degrees in mechanical and industrial engineering.”

“Through its AI-fueled marketplace and expanding suite of cloud-based services and software, Xometry is rapidly digitizing the manufacturing space and playing a pivotal role in strengthening supply chains everywhere,” Dutt said. “I’m passionate about leveraging technology to help clients accelerate their own digital journeys, and I look forward to working with Randy and the rest of the management team to accelerate Xometry’s continued growth.”

Throughout his career, Dutt has led sales teams for major technology players, including Google, Oracle and CapGemini. As head of cloud sales for Google Cloud’s mid-Atlantic enterprise region, Dutt worked with major companies in the medical/healthcare, media, consumer goods and financial services sectors. As senior vice president for CapGemini, he helped drive the transformation of the company’s Oracle business to XaaS. At Oracle, he built and led high-performing teams serving clients in the high-tech, telecommunications, manufacturing and distribution industries.

“As we welcome Subir to Xometry, we also thank Kathy for her tremendous leadership in helping scale our business,” Altschuler said. “In her seven years with Xometry, Kathy led our team to new heights every year, helping grow our revenue from $17 million in 2017 to $463 million at the end of last year.”

Mayerhofer will work with Dutt to ensure a seamless transition.

Xometry’s two-sided AI-powered marketplace plays a vital role in the digital transformation of the manufacturing industry. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps companies create resilient supply chains. Xometry’s product portfolio includes: its industry

1

 

leading digital marketplace; popular Thomasnet® industrial sourcing platform, and cloud-based tools, including Xometry Teamspace, which provides centralized project management software for large, mission-critical projects.

About Xometry

Xometry’s (NASDAQ:XMTR) AI-powered marketplace, popular Thomas industrial sourcing platform and suite of cloud-based services are rapidly digitizing the $2.4 trillion manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at www.xometry.com or follow @xometry.

 

Media Contacts:
Matthew Hutchison
SVP, Global Corporate Communications
415-583-2119
Matthew.Hutchison@Xometry.com

 

Illume PR for Xometry
Xometry@IllumePR.com

 

Investor Contact:
Shawn Milne
VP, Investor Relations
240-335-8132
Shawn.Milne@Xometry.com

 

 

 

 

 

 

 

 

 

 

 

 

2

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