Item 8.01 Other Events.
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.
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