Xometry (XMTR) IPO Opens 55% Higher

Today's IPO for AI-enabled marketplace Xometry, Inc. (NASDAQ: XMTR) opened for trading at $68 after pricing 6,875,000 shares of its Class A common stock at a price of $44.00 per share.

Goldman Sachs & Co. LLC, J.P. Morgan and UBS Investment Bank are acting as joint lead book-running managers for the proposed offering. Citigroup, BofA Securities, William Blair and RBC Capital Markets are also acting as book-running managers, and C.L. King & Associates and Loop Capital Markets are acting as co-managers for the offering.

Xometry is a leading AI-enabled marketplace for on-demand manufacturing, transforming one of the largest industries in the world. Xometry uses its proprietary technology to create a marketplace that enables buyers to efficiently source on-demand manufactured parts and assemblies, and empowers sellers of manufacturing services to grow their businesses. Xometry’s buyers range from self-funded startups to Fortune 100 companies.

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