3D Systems issued about 1.46 million shares to an adviser for services and received no cash. The filing also lists 3.30% convertible notes due 2031 but gives no amount, leaving the share issuance as the clear concern for owners.
Those shares leave existing owners with smaller pieces of the company, and no cash came in. The filing also lists 3.30% convertible notes due 2031, but gives no amount here. That leaves the share issuance as the clearest change for owners.
Follow 3D Systems Corp (DDD) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for DDD