Desktop Metal Set for Strategic Merger with Nano Dimension
Company Announcements

Desktop Metal Set for Strategic Merger with Nano Dimension

Desktop Metal (DM) has provided an announcement.

Desktop Metal, Inc. has entered into a definitive merger agreement with Nano Dimension Ltd., whereupon Desktop Metal will become a wholly owned subsidiary of Nano. Stockholders of Desktop Metal will receive $5.50 per share in cash, subject to certain adjustments. The merger is contingent on shareholder approval and regulatory clearances, with Desktop Metal’s stock to be delisted from the NYSE upon completion. Key stakeholders have executed voting agreements in support of the merger, reinforcing the strategic move to combine the companies’ strengths and market positions.

For a thorough assessment of DM stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyMurchison nominates two candidates to Nano Dimension’s board
TheFlyNano Dimension reports Q3 preliminary revenue $14.7M, up 21% over 3Q23
TheFlyDesktop Metal shareholders approve merger agreement with Nano Dimension
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App