Desktop Metal Shares Rise on Nano Dimension Deal (1)

(Adds Desktop shares in first paragraph and Nano shares in last bullet.)

Desktop Metal Inc. shares rise as much as 10% to $4.75 after Nano Dimension agreed to buy the 3D printing solutions company. The all-cash transaction for $5.50 per share is subject to possible downward adjustments to $4.07 per share.

• Says $5.50 price represents total consideration of approximately $183 million, or $135 million at the $4.07 price
  • Price may be adjusted for transaction expenses or if the closing extends into 2025
  • If closing extends into 2025, Nano Dimension has committed to providing Desktop Metal with a $20 million secured ...