Xometry, Inc. 8-K

What Happened
Xometry, Inc. announced on May 6, 2026 that it entered a Collaboration Agreement with Siemens to develop a software solution for integration into Siemens’ design‑to‑manufacturing software ecosystem. In connection with that agreement, Xometry entered a Purchase Agreement to sell 1,049,759 shares of its Class A common stock to Siemens Beteiligungen Inland GmbH (an affiliate of Siemens Industry Software Inc.) for approximately $50,000,000 in a private placement. The sale is exempt from registration under Section 4(a)(2) of the Securities Act and the shares were to be issued on or about May 8, 2026, subject to customary closing conditions. Xometry issued a press release announcing the partnership on May 7, 2026 (Exhibit 99.1).

Key Details

• Buyer: Siemens Beteiligungen Inland GmbH (affiliate of Siemens Industry Software Inc.).
• Shares: 1,049,759 shares of Class A common stock; aggregate purchase price ≈ $50,000,000.
• Pricing: Number of shares determined using the 20‑day volume‑weighted average price ending May 5, 2026.
• Transaction form: Private placement exempt under Section 4(a)(2); issuance expected on/around May 8, 2026.

Why It Matters
This is a strategic partnership with a major industrial software company that could validate Xometry’s technology and support future product integration and market access. The private placement provides roughly $50M in capital but also increases outstanding shares (dilution to existing holders) because new Class A shares are being issued. The filing does not include financial results or projections related to the collaboration; investors should monitor future disclosures for terms of the partnership, timetable for product integration, and any material financial impact.