Desktop Metal (NYSE:DM) 주식

Desktop Metal

Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). It derives maximum revenue from Americas.

Desktop Metal Inc

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Nano Dimension Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today provided an update following the Delaware Court of Chancery's March 24, 2025 ruling, which upheld Nano Dimension's obligation to complete the acquisition of Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) per the parties' July 2, 2024 Merger Agreement.
Strategic Focus and Integration Planning
Since the recomposition of the Nano Dimension Board on December 15, 2024, the Company has diligently prepared for the integration of Desktop Metal, despite ongoing litigation. These proactive efforts position Nano Dimension to maximize the combined entity's potential.
Nano Dimension's strategic objective (outlined in our&nbsp;<a href="https://www.globenewswire.com/Tracker?data=RJVWGf1ATOMXjNET9NSTwDxYxTj_uIdm4Fa7cb7-1-zz_wudhbUQ1YLaXEEAWVMyNqri2ibk7rWspOlgudyRtY_8kWocd6OGIkp6-Zygddv52mmFgaH2PDwHZtVG3wDqy0Y_zXhsDBNmHyFgqFjHOe6z53o0XWIaxvIpm5yDuCsd1F1j3sYQ-grNxoQOSzhpkDgx7fc8yDVfi105_Z8ds17FkxeUg4FqKixV8VgxccE=">January 28, 2025 shareholder&nbsp;</a><a href="https://www.globenewswire.com/Tracker?data=NsEMWEWHox6eNfJ4ck5WfsVKpiUFf5V7iKEjwIVR2xrOVCqkvZqmBdGKKZgbENup7UORTKkt_0zVdlqKKAk7WjIxZL750HTwdWuZdUwgMshsECP85m7LJhWngZQYj0W-l03jXAck-tiCNY_00Aotsjf7VWzXWrYdjd76oxkXDQDb-AUS2-nNV7QJsI-IdmPCr39kP71pSxZ75n0VPLKXeg==">letter</a>) is to become the preeminent provider of digital manufacturing solutions for high-value, high-growth applications to the aerospace &amp; defense, automotive, electronics, industrial, and medical sectors. An acquisition of Desktop Metal, along with Nano Dimension's pending merger with Markforged Holding Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) ("Markforged"), would significantly expand Nano Dimension's scale and customer base.
Nano Dimension's Strategic Pillars for Future Growth and Value Creation
The following drivers will position the Company as a leader in creating value for its shareholders, customers, and employees long into the future:
<ul>
<li>Maintaining Financial Strength:&nbsp;Ensure a robust capital base.</li>
<li>Driving Profitable Growth:&nbsp; Focus on products and services where there's cutting edge technology with a growth outlook that can deliver financial results.</li>
<li>Growing Margins:&nbsp;Achieve manufacturing excellence by consolidating operations, supply chains and information systems.</li>
<li>Building Indispensable Customer Partnerships:&nbsp;Deliver solutions that make Nano Dimension a critical manufacturing partner.</li>
</ul>

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Nano Dimension To Proceed With Desktop Metal Acquisition Following Delaware Court Ruling, Positioning Company For Strategic Integration And Growth In High-Value Digital Manufacturing Solutions Across Key Sectors

<h3>Gainers</h3>
<ul>
<li>Desktop Metal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) shares moved upwards by 85.7% to $4.21 during Tuesday's regular session. The market value of their outstanding shares is at $140.5 million. </li>
<li>Markforged Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>) stock rose 29.43% to $4.25. The market value of their outstanding shares is at $87.5 million. </li>
<li>FBS Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBGL#NASDAQ">FBGL</a>) shares moved upwards by 24.56% to $1.42. The market value of their outstanding shares is at $19.1 million. </li>
<li>SES AI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SES#NYSE">SES</a>) stock moved upwards by 16.98% to $0.69. The market value of their outstanding shares is at $247.6 million. </li>
<li>High-Trend International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTCO#NASDAQ">HTCO</a>) stock rose 16.3% to $1.09. The company's market cap stands at $132.2 million. </li>
<li>iPower (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) stock increased by 10.72% to $0.64. The market value of their outstanding shares is at $20.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Singularity Future Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGLY#NASDAQ">SGLY</a>) shares decreased by 40.8% to $0.88 during Tuesday's regular session. The market value of their outstanding shares is at $3.7 million. </li>
<li>WANG &amp; LEE Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLGS#NASDAQ">WLGS</a>) shares fell 35.43% to $0.48. The market value of their outstanding shares is at $7.3 million. </li>
<li>Click Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLIK#NASDAQ">CLIK</a>) stock fell 19.46% to $2.56. The company's market cap stands at $38.1 million. </li>
<li>Nano Dimension (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) stock fell 17.07% to $1.73. The market value of their outstanding shares is at $378.1 million. </li>
<li>Galaxy Payroll Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLXG#NASDAQ">GLXG</a>) stock declined by 14.54% to $0.74. The market value of their outstanding shares is at $13.3 million. </li>
<li>UniFirst (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) stock declined by 13.69% to $170.54. The market value of their outstanding shares is at $3.1 billion. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Desktop Metal Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) has secured a legal victory in its merger dispute with Nano Dimension Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>), sending Nano shares lower by some 18.3% to $1.70 Tuesday morning.
What To Know: The Delaware Court of Chancery ruled that Nano <a href="https://www.businesswire.com/news/home/20250325447647/en/Desktop-Metal-Announces-Delaware-Court-of-Chancery-Orders-Nano-Dimension-to-Complete-Desktop-Metal-Merger">materially breached</a> the merger agreement and ordered Nano to execute a national security agreement within 48 hours, the final hurdle to closing the deal. 
The court also allowed Desktop Metal to extend the merger deadline beyond March 31, 2025, if necessary. This ruling is a final judgment on specific performance claims and can be appealed to the Delaware Supreme Court.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/03/44427172/lennar-shares-slide-after-weakness-in-the-market-leads-to-lower-sales-prices-and-gross-margin">Lennar Shares Slide After &#8216;Weakness In The Market&#8217; Leads To Lower Sales Prices And Gross Margin</a>
What Else: The merger agreement, originally signed on July 2, 2024, was intended to combine Desktop Metal's advanced 3D printing technology with Nano Dimension's additive electronics capabilities. 
The deal aimed to create a stronger, more diversified company in the additive manufacturing space. However, disputes arose over Nano's compliance with the agreement, leading to legal action.
With the court's ruling in its favor, Desktop Metal says the company is now in a stronger position to finalize the transaction. The company says it remains focused on completing the merger, pending Nano's compliance with the court order.
Read Also: <a href="https://www.benzinga.com/government/regulations/25/03/44475192/consumer-confidence-falls-to-lowest-since-2022-as-inflation-tariff-worries-grow">Consumer Confidence Falls To Lowest Since 2022 As Inflation, Tariff Worries Grow</a>
<h2 class="wp-block-heading">How To Buy NNDM Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in Nano Dimension&#8217;s case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NNDM has a 52-week high of and a 52-week low of

Why Nano Dimension (NNDM) Stock Is Falling

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Desktop Metal shares are trading higher after the Delaware Court of Chancery ordered Nano Dimension to complete the proposed merger.

Desktop Metal Says Delaware Court Of Chancery Ordered Nano Dimension To Complete Desktop Metal Merger

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Shares of companies within the broader industrial sector are trading higher amid an overall market rebound.

<h3>Gainers</h3>
<ul>
<li>SUNation Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SUNE#NASDAQ">SUNE</a>) shares moved upwards by 98.5% to $0.64 during Friday's regular session. The company's market cap stands at $1.2 million. </li>
<li>VCI Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) stock rose 20.58% to $0.7. The market value of their outstanding shares is at $25.2 million. </li>
<li>Desktop Metal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) shares rose 20.55% to $2.46. The market value of their outstanding shares is at $81.9 million. </li>
<li>Huachen AI Parking Mgmt (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCAI#NASDAQ">HCAI</a>) stock increased by 18.13% to $7.62. The market value of their outstanding shares is at $240.0 million. </li>
<li>ZJK Industrial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZJK#NASDAQ">ZJK</a>) shares moved upwards by 17.7% to $5.12. The company's market cap stands at $314.2 million. </li>
<li>Preformed Line Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLPC#NASDAQ">PLPC</a>) stock rose 15.02% to $142.06. The market value of their outstanding shares is at $695.7 million. As per the news, the Q4 earnings report came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Emeren Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOL#NYSE">SOL</a>) stock declined by 17.4% to $1.22 during Friday's regular session. The company's market cap stands at $62.2 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Icon Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICON#NASDAQ">ICON</a>) shares fell 13.98% to $0.12. The market value of their outstanding shares is at $3.3 million. </li>
<li>JVSPAC Acquisition Corp. - Right (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JVSAR#NASDAQ">JVSAR</a>) shares declined by 12.28% to $0.22. </li>
<li>FreightCar America (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAIL#NASDAQ">RAIL</a>) stock decreased by 10.93% to $6.52. The market value of their outstanding shares is at $123.1 million. The company's, Q4 earnings came out 2 days ago. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) stock declined by 9.7% to $0.49. The company's market cap stands at $14.7 million. </li>
<li>Mobile Infrastructure (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BEEP#AMEX">BEEP</a>) stock declined by 8.61% to $3.61. The market value of their outstanding shares is at $153.3 million. As per the news, the Q4 earnings report came out 4 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) ("Desktop Metal") today announced that the Delaware Court of Chancery has set trial dates of March 11-12, 2025 in Desktop Metal's pending litigation against Nano Dimension Ltd. ("Nano Dimension") regarding the merger agreement between the parties dated July 2, 2024 (the "Merger Agreement"). The Court granted Desktop Metal's motion to expedite proceedings at a hearing in December 2024, finding that expedition was warranted to address Desktop Metal's claims under the Merger Agreement.
Desktop Metal remains committed to protecting its contractual rights while continuing to serve its customers, employees and other stakeholders.

Desktop Metal Litigation Trial Against Nano Dimension Scheduled For March 2025

Markforged Holding Corporation ("Markforged") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKFG#NYSE">MKFG</a>), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced today that Desktop Metal, Inc. ("Desktop Metal") has voluntarily dismissed Markforged without prejudice from its previously filed complaint against Nano Dimension Ltd. ("Nano") and Markforged brought in connection with Markforged's pending merger with Nano (the "Action").
As previously announced, on September 25, 2024, Markforged entered into an Agreement and Plan of Merger (the "Merger Agreement") with Nano pursuant to which Nano will, subject to the terms and conditions in the Merger Agreement, acquire all outstanding shares of Markforged (the "Merger"), with Markforged surviving the Merger as an indirect wholly-owned subsidiary of Nano. Completing the transaction is subject to certain closing conditions, including required regulatory approvals, and as of January 24, 2025, Markforged has obtained approval for all regulatory filings required pursuant to the Merger Agreement except for its filing with the Committee on Foreign Investment in the United States.

Contracts

Markforged Announces Desktop Metal Has Voluntarily Dismissed Markforged Without Prejudice From Its Previously Filed Complaint Against Nano Dimension And Markforged Brought In Connection With Markforged's Pending Merger With Nano

Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) stock is trading higher on Friday after the company announced that the Delaware Court of Chancery granted the company&#8217;s motion for an <a href="https://www.benzinga.com//node/42783888">expedited trial </a>in its lawsuit against Nano Dimension Ltd.
The Details: The lawsuit centers on Desktop&#8217;s claim that Nano breached the merger agreement between the parties by failing to use reasonable best efforts to obtain regulatory approval and close the merger as soon as reasonably possible.
In late December, Nano responded to Desktop&#8217;s claims, stating that it believes the lawsuit is without merit. Trial is currently scheduled for the week of Feb. 24.
Desktop also announced that it has filed a second lawsuit against Nano that names Markforged Holding Corporation as another defendant. The lawsuit alleges that Nano&#8217;s agreement to acquire Markforged, if completed, would breach the merger agreement between Desktop and Nano.
Specifically, it would breach Nano&#8217;s agreement to avoid acquisitions that could significantly increase the risk of a governmental order blocking or materially delaying the completion of the merger between Desktop and Nano. Desktop seeks to block the merger between Nano and Markforged until its merger with Nano is finalized.
See Also: <a href="https://www.benzinga.com/25/01/42785216/why-clean-tech-company-n2off-shares-jumping-premarket-friday">Why Is Clean Tech Company N2OFF Stock Jumping Premarket Friday?</a>
DM Price Action: At the time of writing, Desktop Metal stock is trading 12.4% higher at $3.02, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro.</a>
Image: 5846648 from Pixabay.

What's Going On With Desktop Metal Shares Friday?

Desktop Metal shares are trading higher after the Delaware Court of Chancery granted the company's motion for an expedited trial regarding its lawsuit against Nano Dimension.

Delaware Court Of Chancery Grants Desktop Metal's Motion For Expedited Trial; Trial To be Set for February; Company Files Second Lawsuit Against Nano Dimension For Breach Of Merger Agreement

Nano Dimension Ltd. (NASDAQ:<a href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) ("Nano Dimension" or the "Company"), a supplier of Additive Manufacturing solutions, today shared its response to a December 20, 2024 lawsuit filed by Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) ("Desktop Metal") against the Company in the Delaware Court of Chancery alleging Nano Dimension has failed to use its reasonable best efforts to obtain regulatory approval in connection with the merger agreement between the parties dated July 2, 2024 (the "Merger Agreement").&nbsp;&nbsp;
The Company believes the lawsuit is without merit and inconsistent with the terms of the Merger Agreement, particularly with respect to the Company's right to work through the review process that is under way with the Committee on Foreign Investment in the United States ("CFIUS"). The Company believes the lawsuit is nothing more than an effort by Desktop Metal to prevent the Company from exercising its rights under the Merger Agreement and to impose deadlines and obligations that are inconsistent with that agreement. The Company intends to vigorously defend itself and preserve its rights under the Merger Agreement.

Nano Dimension Responds To Desktop Metal's Lawsuit Regarding Merger Agreement; Says "Believe The Lawsuit Is Nothing More Than An Effort By Desktop Metal To Prevent The Company From Exercising Its Rights Under The Merger Agreement And To Impose Deadlines And Obligations That Are Inconsistent With That Agreement"

Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) ("Desktop Metal") today announced that it has filed a lawsuit against Nano Dimension Ltd. ("Nano Dimension") in the Delaware Court of Chancery (the "Court"), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the "Merger Agreement"). The Court has scheduled an expedited hearing on December 30, 2024, to hear Desktop Metal's motion for an expedited trial to be held in January.
Desktop Metal seeks specific performance, including, but not limited to, requiring Nano Dimension to cooperate in seeking approval by the Committee on Foreign Investment in the United States ("CFIUS"), including finalizing negotiations and executing the mitigation agreement proposed by CFIUS (as required by the Merger Agreement), and to close the merger within five business days of receiving CFIUS' approval.
Desktop Metal also seeks a declaration of the Court that, among other things, Nano Dimension has failed to perform its obligations to use reasonable best efforts to obtain regulatory approval and remains obligated to use its reasonable best efforts to take all actions necessary to consummate the merger as soon as reasonably possible, and injunctive relief enjoining Nano Dimension from terminating the Merger Agreement or taking any action inconsistent with its obligations under the Merger Agreement.
All other regulatory conditions have been satisfied under the Merger Agreement and the remaining regulatory condition to closing the merger is receipt of CFIUS approval. The merger between Desktop Metal and Nano Dimension represents a significant strategic opportunity for both companies, combining complementary strengths to create value for shareholders, employees and customers. Desktop Metal remains focused on upholding the contractual obligations agreed upon by both parties, closing the transaction and delivering on the potential of the merger. Desktop Metal is confident that a closing of the merger may be completed expeditiously.

Desktop Metal Files Lawsuit Against Nano Dimension For Breach Of Merger Agreement; Court Has Scheduled An Expedited Hearing On December 30, 2024, To Hear Desktop Metal's Motion For An Expedited Trial To Be Held In January

Israeli Court Validates Nano Dimension's Strategic Decisions And Board Structure, Confirms Desktop Metal And Markforged Acquisition Plans As Two Murchinson Nominees Join Board

Of approximately 33 million outstanding DM shares,&nbsp;60%&nbsp;were voted in favor of the approval of the merger agreement between Desktop Metal and Nano Dimension. Out of the total shares participating in the vote, greater than&nbsp;96%&nbsp;of votes were cast in favor of the merger.

Desktop Metal Stockholders Approve Merger With Nano Dimension; Expects Transaction To Close In Q4 Of 2024, With Some Required Regulatory Approvals

<ul>
<li>The nickel-based superalloy is the first 100% recycled metal to be qualified for use on Desktop Metal binder jet 3D printing platforms</li>
<li>DM and Continuum Powders will continue to partner on development of recycled powders for metal binder jet 3D printing applications</li>
<li>Technical experts will be on hand at IMTS 2024 to discuss this powder in DM's booth on Level 3 of the West Building at McCormick Place from Sept. 9-14</li>
</ul>
Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced that it has qualified a 100% recycled nickel-based superalloy processed with proprietary technology from Continuum Powders, a leader in high-performance, sustainable metal powders.

Desktop Metal Announces It Has Qualified A 100% Recycled Nickel-Based Superalloy Processed With Proprietary Technology From Continuum Powders

Antitrust Milestone Marks Significant Step Towards Deal Closing
Acquisition is Expected to Close in Q4/2024
Waltham, Mass., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) ("Nano Dimension" or "Nano"), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal &amp; ceramic Additive Manufacturing ("AM") 3D printing solutions,&nbsp;today&nbsp;announced that the waiting period under the United States Department of Justice ("DOJ") Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") has expired in connection with its definitive agreement to acquire Desktop Metal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DM#NYSE">DM</a>) ("DM").

Nano Dimension Clears Hart-Scott-Rodino For Acquisition Of Desktop Metal; Acquisition Is Expected To Close In Q4 2024

Nano Dimension Announces Expiration Of DOJ Hart-Scott-Rodino Waiting Period For Acquisition Of Desktop Metal, Marking Antitrust Milestone; Deal Expected To Close In Q4 2024

Press Releases

Desktop Metal Stockholders Approve Merger with Nano Dimension

Murchinson Nominates Two Highly Qualified Candidates to Nano Dimension's Board of Directors

Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement

Nano Dimension Responds to Desktop Metal's Lawsuit Regarding Merger Agreement

Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement

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