Summary
DM Chart
After Court Win, Desktop Metal Shareholders Eye Final Payout
Nano Dimension Ltd. must close the merger with Desktop Metal, Inc. at $5.50 per share, subject to various adjustments. Adjustments could reduce the merger price to $4.07 per share, but a more likely outcome is around $5.06 per share. Jude opinion indicates Nano obstructed CFIUS approval, increasing transaction expenses.
DataMetrex Receives New P.O. for $440k
TORONTO, ON / ACCESSWIRE / January 10, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received a new Purchase Order (P.O.) of approximately $440K with projected gross profit of approximately 33%, on December 30, 2024.
Datametrex Cancels RSUS
TORONTO, ON / ACCESSWIRE / December 23, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) announces that it has cancelled an aggregate of 12,000,000 unvested restricted share units ("RSUs") previously held by former employees, directors and officers of the Company, pursuant to the Company's 2023 omnibus incentive plan (the "Plan"). As announced in the press releases dated January 29, 2024 and February 15, 2024, the Company granted 22,100,000 restricted share units on January 29, 2024, vesting on January 29, 2025, and 12,500,000 RSUs on February 15, 2024, vesting on February 15, 2025, pursuant to the Plan.
Desktop Metal Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LQ Louise Quant Trium Capital LLP | 764,361 | $3,791.23 | - | -$3,791.23 | -100% |
| GB Guillaume Binnendijk Cigogne Management SA | 299,849 | $701,646.99 | $701,646.66 | -$0.33 | - |
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Desktop Metal Inc. Profile
| - Industry | - Sector | Mr. Ric Fulop CEO | NYSE Exchange | 25058X303 CUSIP |
| US Country | 950 Employees | - Last Dividend | 11 Jun 2024 Last Split | 3 May 2019 IPO Date |
Overview
Desktop Metal, Inc. is a pioneering company in the additive manufacturing industry, focusing on the development and commercialization of 3D printing technologies for a wide range of applications. Founded in 2015 and based in Burlington, Massachusetts, the company serves a diverse clientele across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Desktop Metal's offerings are designed to cater to engineers, designers, and manufacturers, addressing needs in the automotive, aerospace, healthcare, consumer products, heavy industry, machine design, research and development sectors, among others. The company's mission is to provide innovative, high-quality printing solutions that enhance the capabilities and efficiency of its users.
Products and Services
- Shop System
- X-series
- P-Series
- Einstein Series
- ETEC Xtreme 8K
- ETEC Pro XL
- S-Max and S-Max Pro
- 3D-Bioplotter
An entry-level metal 3D printing solution employing binder jetting technology. It is aimed at offering a cost-effective means for engineers, designers, and manufacturers to adopt metal printing into their workflow.
This platform enables binder jet 3D printing of specialized materials, including metals and ceramics, as well as tools. It is designed for those who require advanced material capabilities in their 3D printing processes.
Offers high-speed metal 3D printing for users needing rapid production capabilities. The P-Series is tailored to meet the demands of industries looking for fast, reliable metal printing solutions.
Specifically designed for dental professionals, the Einstein series provides tailored solutions for 3D printing within the dental industry, ensuring high-quality and precise outcomes for dental applications.
A DLP (Digital Light Processing) printer featuring two 385 nm overhead projectors, ideal for high-volume production. This platform is designed for those requiring large scale and detailed polymer 3D printing capabilities.
An industrial-grade polymer 3D printer, the ETEC Pro XL caters to users with demanding industrial applications, offering robustness and high-quality printing performance for a variety of polymer materials.
Platforms providing digital casting solutions. These systems are aimed at revolutionizing the casting industry by offering digital solutions that enhance efficiency and quality in casting processes.
A biofabrication solution, the 3D-Bioplotter is geared towards research and development within the biomedical field. It allows for the printing of biological materials, aiding in the advancement of tissue engineering and regenerative medicine.
In addition to these main product offerings, Desktop Metal, Inc. also supplies a range of materials tailored for its various printing technologies. These include binder jetting materials, photopolymer resins, BMD materials, and bioprinting materials, accommodating the diverse needs of its customer base across multiple industries.
