BRIEF-Stratasys To Combine With Desktop Metal In About $1.8 Billion All-Stock Transaction

BRIEF-Stratasys To Combine With Desktop Metal In About $1.8 Billion All-Stock Transaction
Representative Image Image Credit: Twitter(@DesktopMetal)

Desktop Metal Inc: * STRATASYS TO COMBINE WITH DESKTOP METAL IN APPROXIMATELY $1.8 BILLION ALL-STOCK TRANSACTION

* DESKTOP METAL INC - DESKTOP METAL STOCKHOLDERS WILL RECEIVE 0.123 ORDINARY SHARES OF STRATASYS FOR EACH SHARE OF DESKTOP METAL CLASS A COMMON STOCK * DESKTOP METAL INC - PROPOSED DEAL FOR APPROXIMATELY $1.88 PER SHARE OF DESKTOP METAL CLASS A COMMON STOCK

* DESKTOP METAL INC - COMBINED COMPANY EXPECTED TO GENERATE $1.1 BILLION IN REVENUE WITH ADJUSTED EBITDA MARGIN OF 10%-12% IN 2025 * DESKTOP METAL INC - STRATASYS AND DESKTOP METAL REAFFIRM PREVIOUSLY PROVIDED GUIDANCE

* DESKTOP METAL INC - DESKTOP METAL STOCKHOLDERS WILL RECEIVE 0.123 ORDINARY SHARES OF STRATASYS FOR EACH SHARE OF CO Source text for Eikon: Further company coverage:

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.