UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January
4, 2021 (
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| Item 8.01. | Other Events. |
On January 1, 2021, 3D Systems, Inc. (the “Seller”), a wholly owned subsidiary of 3D Systems Corporation (the “Company”), completed its sale of 100% of the issued and outstanding equity interests of Cimatron Ltd., the subsidiary that operated the Company’s Cimatron integrated CAD/CAM software for tooling business and its GibbsCAM CNC programming software business (collectively, the “Acquired Business”), to a subsidiary of ST Acquisition Co., an affiliate of Battery Ventures (the “Purchaser”), resulting in purchase price proceeds of approximately $64.2 million, after certain adjustments and excluding $8.85 million of cash amounts transferred to the Purchaser.
On December 31, 2020, the Seller, the Company, as the guarantor of Seller’s obligations, and ST Acquisition Co. entered into the First Amendment to Share Purchase Agreement (the “First Amendment”) to, among other items, provide that the closing of the transaction would be effective on January 1, 2021.
The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the First Agreement, a copy of which is attached hereto as Exhibit 2.1, and is incorporated herein by reference.
For more information regarding the sale of the Acquired Business by the Seller to the Purchaser, see the Company’s Current Report on Form 8-K, filed on November 4, 2020.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 2.1 | First Amendment to Share Purchase Agreement, dated December 31, 2020, by and among ST Acquisition Co., 3D Systems, Inc. and 3D Systems Corporation. | |
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document). |
SIGNATURES
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 | |||
| Date: January 4, 2021 | By: | /s/ Andrew M. Johnson | |
| (Signature) | |||
| Name: | Andrew M. Johnson | ||
| Title: | Executive Vice President, Chief Legal Officer and Secretary | ||