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.
First Amendment to Share Purchase Agreement, dated December 31, 2020,
2.1 by and among ST Acquisition Co., 3D Systems, Inc. and 3D Systems
Corporation.
104 Cover Page Interactive Data File (embedded within Inline XBRL document).
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