Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
Desktop Metal, Inc. Class A (DM)
Last desktop metal, inc. class a earnings: 11/1 07:31 am
Check Earnings Report
US:NYSE Investor Relations:
dommidstream.com/investors
Company Research
Source: Business Wire
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“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
Show less
Read more
Impact Snapshot
Event Time:
DM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DM alerts
High impacting Desktop Metal, Inc. Class A news events
Weekly update
A roundup of the hottest topics
DM
News
- Desktop Metal, Inc. (NYSE: DM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Q2 Earnings Roundup: Desktop Metal (NYSE:DM) And The Rest Of The Custom Parts Manufacturing Segment [Yahoo! Finance]Yahoo! Finance
- Desktop Metal, Inc. (NYSE: DM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Desktop Metal Earnings: What To Look For From DM [Yahoo! Finance]Yahoo! Finance
- Footwork, Construct Capital, and Bessemer Venture Partners discuss how to raise capital in 2025 at TechCrunch Disrupt 2024 [TechCrunch]TechCrunch
DM
Sec Filings
- 12/20/24 - Form 4
- 12/9/24 - Form 4
- 12/3/24 - Form 4
- DM's page on the SEC website