Desktop Metal ( (DM) ) just unveiled an announcement.
Desktop Metal announced the completion of a merger agreement, resulting in significant changes to its stock and corporate structure. As of the effective time of the merger, all outstanding shares of Class A common stock were converted into cash, and the company requested the New York Stock Exchange to delist these shares. The merger also led to the resignation of several board members and amendments to the company’s certificate of incorporation and bylaws.
More about Desktop Metal
YTD Price Performance: 84.39%
Average Trading Volume: 1,329,471
Technical Sentiment Signal: Hold
Current Market Cap: $163.7M
See more data about DM stock on TipRanks’ Stock Analysis page.