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ExOne plans to conduct $50 million at-the-market sale of common stock
FBR Capital Markets and MLV assist; deal to finance corporate purposes
By Devika Patel
Knoxville, Tenn., Jan. 11 – ExOne Co. negotiated a $50 million at-the-market equity offering with agents FBR Capital Markets & Co. and MLV & Co. LLC on Jan. 8, according to an 8-K and prospectus supplement filed Monday with the Securities and Exchange Commission.
The agents will be paid a 3% commission.
Proceeds will be used for working capital and general corporate purposes.
Based in North Huntingdon, Pa., ExOne is a provider of three-dimensional printing machines and printed products to industrial customers.
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