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Neutral Rating on Desktop Metal Amid Acquisition by Nano Dimension With Limited Upside Potential
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
GainersSMX (Security Matters) (NASDAQ:SMX) shares rose 23.6% to $0.14 during Thursday's pre-market session. The company's market cap stands at $5.7 million. Nano Dimension (NASDAQ:NNDM) shares moved u
Nano Dimension (NNDM.US) plans to acquire Desktop Metal (DM.US) in an all-cash deal.
Zhī tōng cái jīng APP learned that Nano Dimension (NNDM.US) announced on Wednesday that it will acquire Desktop Metal (DM.US) in an all-cash transaction of $5.50 per share, with a possible decrease to $4.07 per share. The completion of the transaction is subject to certain closing conditions, including approval by the Desktop Metal shareholders and required regulatory approvals. The transaction price is $5.50 per share, which is a 27.3% premium over the closing price of Desktop Metal and a 20% premium over the 30-day VWAP as of July 2, 2024.
Why Nano Dimension Stock Soared Today
Nano Dimension Acquires Desktop Metal
ALERT: Rowley Law PLLC Is Investigating Proposed Acquisition of Desktop Metal, Inc.
Rowley Law PLLC is investigating potential securities law violations by Desktop Metal, Inc. (NYSE: DM) and its board of directors concerning the...