Current Report Filing (8-k)
September 10 2021 - 8:01AM
Edgar (US Regulatory)
0000910638
false
0000910638
2021-09-09
2021-09-09
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) September 9, 2021
3D SYSTEMS CORPORATION
(Exact Name of Registrant as Specified
in Its Charter)
Delaware
|
001-34220
|
95-4431352
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
333 Three D Systems Circle
Rock Hill, South Carolina
|
29730
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
Registrant’s Telephone Number, Including Area (803) 326-3900
N/A
(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 (see General
Instruction A.2. below):
☐ 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
|
Common Stock, par value $0.001 per share
|
DDD
|
New York Stock Exchange
|
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. ☐
On September 9, 2021, 3D
Systems, Inc., Quickparts.com, Inc., 3D Systems Italia Srl, 3D Systems France Sarl, 3D Systems Europe Limited and 3D Systems GmbH (collectively,
the “Sellers”), each subsidiaries of 3D Systems Corporation (the “Company”), completed the sale of the Company’s
On Demand Manufacturing business (the “ODM Business”) to QuickParts Acquisition, Inc., an affiliate of Trilantic North America
(the “Purchaser”), with an effective time of 12:01 a.m. Eastern Time on September 10, 2021. On September 9, 2021, the Sellers,
the Company and the Purchaser entered into an amendment to the Asset Purchase Agreement, dated June 1, 2021, by and among the Sellers,
the Company and the Purchaser agreeing to defer the Purchaser’s acquisition of the French assets of the ODM Business until the Sellers
and the Purchaser receive confirmation from the French Ministry of the Economy and Finance that the acquisition of the French assets is
permitted under applicable French foreign investment laws. The Company expects this approval will be received before the end of the fourth
quarter of 2021.
For more
information regarding the sale of the ODM Business by the Sellers to the Purchaser, see the Company’s Current Report on Form 8-K,
filed on June 2, 2021.
Forward-Looking Statements
Certain statements made in this Current Report
on Form 8-K that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause
the actual results, performance, or achievements of the Company to be materially different from historical results or from any future
results or projections expressed or implied by such forward-looking statements, including the ability of the Sellers to complete the sale
of the French assets of the ODM Business as expected. In many cases, forward-looking statements can be identified by terms such as “believes,”
“belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates”
or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s
beliefs, assumptions, and current expectations and may include comments as to the Company’s beliefs and expectations as to future
events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the Company.
The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the Company’s
periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially
from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking
statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results,
nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking
statements included are made only as of the date of the statement. The Company undertakes no obligation to update or review any forward-looking
statements made by management or on its behalf, whether as a result of future developments, subsequent events, or circumstances or otherwise,
except as required by law.
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
|
|
|
|
|
|
By:
|
/s/ Andrew M. Johnson
|
|
|
Name:
|
Andrew M. Johnson
|
|
|
Title:
|
Executive Vice President, Chief Legal Officer and Secretary
|
Date: September 10, 2021
Cabana Target Drawdown 1... (AMEX:TDSC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cabana Target Drawdown 1... (AMEX:TDSC)
Historical Stock Chart
From Jul 2023 to Jul 2024