Paul Hastings Represents Piper Jaffray and Citigroup as Joint Book-Running Managers in voxeljet AG's Initial Public Offering

October 23, 2013

New York, NY-- Paul Hastings LLP, a leading global law firm, announced today that it advised Piper Jaffray and Citigroup as joint book-running managers on the initial public offering of voxeljet AG, a leading German provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers.

The IPO of 7,475,000 American Depositary Shares (ADS) was priced at $13 per ADS and listed on the New York Stock Exchange under the ticker symbol “VJET.” Of the 7,475,000 ADS sold in the IPO, 5,600,000 ADSs were sold by the company and 1,875,000 ADSs were sold by its shareholders. The IPO raised gross proceeds of approximately $72.8 million for the company and $24.4 million for the selling shareholders. The company intends to use its net proceeds from the IPO for the expansion of its on-demand parts service center in Europe and the establishment of new on-demand parts service centers in North America and Asia; research and development and sales and marketing initiatives; and for general corporate purposes, including, without limitation, potential acquisitions. The company will not receive any proceeds from the sale of ADSs by the selling shareholders.

Co-managers in the offering included Cowen and Company and Stephens Inc.

Corporate partners William Schwitter and Karl Balz and associate Shehzad Siddiqui led the Paul Hastings team.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

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