XJet Ltd.

General Information

(Note: XJet Ltd. withdrew its plans for an IPO in a letter to the SEC dated June 13, 2024. The Israeli 3D printing company had not updated its F-1 since September 2023.)

We are a 3D printing company. (Incorporated in Israel)

We develop and manufacture unique additive manufacturing solutions that jet directly the actual materials from which the parts are being made. Our patented technology is based on a Nano-Particles Jetting (NPJ) process that creates extremely thin layers of ceramics or metal material. This technology enables the production at scale of geometrically complex and high-quality metal and ceramic end-use parts that are otherwise difficult or impossible to produce. Our complete solution includes hardware, software, and consumable materials, and supports multiple industries and use cases. Such a solution enables automated, cost-effective, safe, and environmentally friendly manufacturing of parts.

Our solution provides an opportunity for part manufacturing with a wide range of complex geometry designs. When using traditional manufacturing technologies, it is either unfeasible or requires additional manual and machining labor, making the production of such end-use parts with similar geometry designs more expensive and time consuming.

**Note: Net loss and revenue are for the year ended Dec. 31, 2022.

(Note: XJet Ltd. cut its IPO by 36 percent to 1.6 million shares – down from 2.0 million shares – and cut the IPO price to $4.00 – down from its previous range of $4.00 to $6.00 – to raise $6.4 million, according to an F-1/A dated July 19, 2023. Background: XJet Ltd. filed terms for its IPO in an F-1/A dated May 25, 2023: 2.0 million shares at $4.00 to $6.00 to raise $10.0 million. Background: XJet Ltd. filed its F-1 on April 21, 2023. The Israeli company filed confidential IPO documents with the SEC on Dec. 30, 2022.)

Industry: Special Industry Machinery
Employees: 93
Founded: 2005
Contact Information
Address 4 Oppenheimer St. Science Park, Rehovot 7670104, Israel
Phone Number +972-73-2694620
Web Address https://www.xjet3d.com/
View Prospectus: XJet Ltd.
Financial Information
Market Cap $76.64mil
Revenues $6.04 mil (last 12 months)
Net Income $-17.64 mil (last 12 months)
IPO Profile
Symbol XJET
Exchange NASDAQ
Shares (millions): 1.6
Price range $4.00 - $4.00
Est. $ Volume $6.4 mil
Manager / Joint Managers Aegis Capital Corp.
Expected To Trade: 9/29/2023
Status: Withdrawn
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change