Desktop metal to become publicly listed through a business combination with trine

Desktop metal to become public, creating the only listed pure-play additive manufacturing 2.0 company.desktop metal - combined company to have an estimated post-transaction equity value of up to $2.5 billion.desktop metal - combined company will remain listed on nyse under ticker symbol "dm" following expected transaction close.desktop metal - leo hindery, jr., legendary technology investor and operator, to join desktop metal's board.desktop metal -deal to provide up to $575 million in gross proceeds.desktop metal - lux capital, nea, kleiner perkins, ford motor company, gv, koch disruptive technologies will retain their equity holdings transition.desktop metal - deal gross proceeds, comprised of trine's $300 million of cash held in trust & $275m fully committed stock pipe at $10.00 per share.desktop metal - to become publicly listed through a business combination with trine.desktop metal - existing shareholders will hold about 74% of issued and outstanding shares of common stock immediately following deal closing.desktop metal - cash proceeds in connection with deal to be funded through trne's cash in trust, $275 million fully committed stock pipe at $10.00/share.
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