DMC Global Board Responds to Steel Connect
DMC Global Inc. (BOOM)
Last dmc global inc. earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
dmcglobal.com/investors
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Source: GlobeNewswire
BROOMFIELD, Colo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- DMC Global (NASDAQ: BOOM) (“DMC” or the “Company”) today announced its Board of Directors (the “Board”) responded to a press release from Steel Connect, Inc. (“Steel Connect”) in connection with its May 31, 2024, unsolicited offer to acquire DMC, and a related offer on September 17 to acquire the Company, or alternatively, its DynaEnergetics and NobelClad businesses. Since the initial offer, the Board directly, and through its financial and legal advisors, has repeatedly offered Steel Connect an opportunity to participate in the Board’s review of strategic alternatives subject to standard terms and conditions. Steel Connect has rejected DMC’s requests to enter into a customary non-disclosure agreement and a limited, 30-day standstill agreement, which are intended to protect the Company’s confidential information and the integrity of the strategic alternatives process. In addition, Steel Connect has demanded the details
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News
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $8.00 price target on the stock, down previously from $16.00.MarketBeat
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $8.00 price target on the stock, down previously from $16.00.MarketBeat
- DMC Global Inc. (NASDAQ: BOOM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- DMC Global Announces Michael Kuta to Retire as President, CEO and Director; Executive Chairman James O’Leary Will Serve as Interim President & CEOGlobeNewswire
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
BOOM
Earnings
- 11/4/24 - Miss
BOOM
Sec Filings
- 11/19/24 - Form 8-K
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- BOOM's page on the SEC website