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At $5.50 per share, the transaction represents a 27.3% premium to Desktop Metal’s closing price as of July 2, 2024.
July 3, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Nano Dimension Ltd. and Desktop Metal, Inc. jointly announced that they have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal in an all-cash transaction for $5.50 per share, subject to possible downward adjustments to $4.07 per share. At $5.50 per share, the transaction represents a 27.3% premium to Desktop Metal’s closing price and a 20.5% premium to the 30-day VWAP as of July 2, 2024, for total consideration of approximatel...
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