UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 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.
Item 9.01. 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 | ||||||