3D printing unicorn Desktop Metal is the latest company to go public in a deal with a blank check company by amyfeldman
“SPACs have really changed from the old days,” says Hindery, who will join Desktop Metal’s board of directors with the deal. “IPOs take longer, and they are not as fruitful in bringing in targeted investors.”
Fulop, a longtime proselytizer of additive manufacturing, bet five years ago that the way manufacturers make things was about to change as mass production with giant 3D printers, such as Desktop Metal’s, could begin to replace CNC machining and casting for numerous metal parts. Other companies, including HP, have also developed metal 3D printers for mass production.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3D Printing Unicorn Desktop Metal To Go Public In Latest Deal With A Blank Check Company3D printing unicorn Desktop Metal will list on the NYSE in a merger with cable exec Leo Hindery's special-purpose acquisition company Trine Acquisition Corp. that will give it $575 million in cash for expansion.
Read more »
3D Printing Unicorn Desktop Metal To Go Public In Latest Deal With A Blank Check Company3D printing unicorn Desktop Metal will list on the NYSE in a merger with cable exec Leo Hindery's special-purpose acquisition company Trine Acquisition Corp. that will give it $575 million in cash for expansion.
Read more »
New blank-check company from Bancorp founder lays groundwork for a fintech dealA new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company.
Read more »
Opinion | The GOP isn’t even pretending to stand for anything anymoreNo policy stances, just a blank-check pledge to support anything Trump decides to do.
Read more »
Ex-Trump adviser Cohn seeks $600 million for blank-check company IPOGary Cohn, the former economic adviser to U.S. President Donald Trump, has teamed up with investor Clifton S. Robbins to seek $600 million in an initial public offering (IPO) for a new blank-check acquisition company, filings showed on Tuesday.
Read more »