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Desktop Metal (Trine Acquisition) Priced, NYSE: DM

SPAC led by Leo Hindery targeting the media and communications industries (completed 12/10/2020).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target. We seek to acquire and operate a business in the technology, consumer, and/or media and communications industries and we believe that our management team is well-suited to identify opportunities which have the potential to generate attractive risk-adjusted returns for our stockholders. However, we are not limited to these industries, and we may pursue a business combination opportunity in any business or industry we choose, including one outside of the United States. Our executives have proven track records in identifying undervalued companies and cultivating strategies to maximize their operating results and market potential, thereby generating value for stockholders.
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IPO Data
IPO File Date 02/25/2019
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 26.1
Deal Size ($mm) $261
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/14/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $261
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2018
Employees at IPO 4

Desktop Metal (Trine Acquisition) (DM) Performance