Desktop Metal (DM) News
Market Cap: $74.35M
Avg Volume: 278.01K
Industry: Computer Hardware
Sector: Technology
DataMetrex Management Announces Strategic Plan
TORONTO, ON / ACCESS Newswire / February 27, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to provide an update on its strategic direction with its commitment to focusing on healthcare and AI businesses. As part of its growth initiatives, Datametrex plans to bolster its healthcare sector by expanding its clinic operations to meet a broader range of healthcare needs, including family medicine, walk-in examinations, and care by a specialist.
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Desktop Metal Announces Trial Date in Lawsuit Against Nano Dimension
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that the Delaware Court of Chancery has set trial dates of March 11-12, 2025 in Desktop Metal's pending litigation against Nano Dimension Ltd. (“Nano Dimension”) regarding the merger agreement between the parties dated July 2, 2024 (the “Merger Agreement”). The Court granted Desktop Metal's motion to expedite proceedings at a hearing in December 2024, finding that expedition was warranted to add.
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Datametrex Announces Effective Date for Share Consolidation
TORONTO, ON / ACCESS Newswire / February 18, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces that, further to the Company's news release dated February 6, 2025,effectiveat the opening on February 19, 2025, the common shares of the Company ("Shares") will commence trading on the TSX Venture Exchange ("TSXV") on a consolidated basis of one (1) post-consolidation share for every thirty (30) pre-consolidation shares (the "Consolidation"). The Company will not undergo a name change at the time of Consolidation.
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Datametrex Announces Share Consolidation
TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces a proposed consolidation of its common shares on the basis of one (1) new common share for every existing thirty (30) common shares (the "Consolidation"), subject to regulatory approval, including approval of the TSX Venture Exchange (the "TSXV"). The Consolidation was approved by the shareholders of the Company at the Annual and Special Meeting held on November 13, 2024.
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Datametrex Receives $1.1M P.O.
TORONTO, ON / ACCESS Newswire / February 6, 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 Purchase Orders (P.O.) for service and tech support valued at approximately $1.1M, with a projected gross profit margin of approximately 63%, as of January 31, 2025.
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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.
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Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted Desktop Metal's motion for an expedited trial in the lawsuit Desktop Metal filed on December 16, 2024 against Nano Dimension Ltd. (“Nano Dimension”). In the lawsuit, Desktop Metal alleged that Nano Dimension has breached its obligation under the merger agreement between Desktop Metal and Nano Dimensi.
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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.
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Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it has filed a lawsuit against Nano Dimension Ltd. (“Nano Dimension”) in the Delaware Court of Chancery (the “Court”), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the “Merger Agreement”). The Court has scheduled an expedited hearing on.
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Datametrex Receives Approx $250K Purchase Order
TORONTO, ON / ACCESSWIRE / December 11, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has received purchase orders (P.O.) of approximately $250K CAD from its IT services on December 9, 2024.
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Datametrex Secures Additional P.O. Approx $250K for IT Services
TORONTO, ON / ACCESSWIRE / November 21, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTCPINK:DTMXF) is pleased to announce that the Company has received an additional purchase order (P.O.) of approximately $250K CAD on November 20, 2024.
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Datametrex Announces AI and Tech Purchase Order (P.O.)
TORONTO, ON / ACCESSWIRE / November 20, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) is pleased to announce that it has received high margin purchase orders (P.O.) of approximately $500K with expense of approximately $300K, resulting in a gross profit margin of approximately 40%.
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Datametrex Completes Financial Obligations Following Litigation Settlement
TORONTO, ON / ACCESSWIRE / November 13, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has successfully fulfilled and completed its financial obligations arising from the litigation settlement between the Company and certain parties. In accordance with the settlement terms, Datametrex has issued shares of its common stock to resolve outstanding debt, effectively concluding the Company's obligations under the agreement.
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Nano Dimension moves closer to closing Desktop Metal deal after shareholder vote
The proposed merger of 3-D printing companies Nano Dimension Ltd. and Desktop metal Inc. moved closer to completion on Thursday, after Desktop Metal shareholders voted to approve the deal.
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Desktop Metal Stockholders Approve Merger with Nano Dimension
WALTHAM, Mass.--(BUSINESS WIRE)-- #3Dprinting--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal” or “DM”) today jointly announced that, at a special meeting, Desktop Metal stockholders approved the merger agreement pursuant to which Desktop Metal would be acquired by Nano Dimension. Of approximately 33 million outstanding DM shares, 60% were voted in favor of the approval of the merger agreement between Desktop Metal and Nano Dimension. Out of the total.
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Datametrex Announces Management and Board Changes
TORONTO, ON / ACCESSWIRE / September 11, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) announces changes to its senior leadership team and Board of Directors. The Company regrets to announce that effective September 10, 2024, Mr.
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Datametrex Implements AI Technology at Imagine Health Centres To Streamline Patient Care and Enhance Healthcare Accessibility
TORONTO, ON / ACCESSWIRE / September 10, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is excited to announce the implementation of advanced Artificial Intelligence (AI) technology at its Imagine Health Centres ("ImagineHealth") clinics in Calgary and Edmonton, Alberta. This initiative underscores the Company's commitment to harnessing AI to enhance healthcare services and accessibility across Canada.
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Datametrex Announces Official Launch of Cereal Crunch On Google Play Store
TORONTO, ON / ACCESSWIRE / September 5, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is thrilled to announce the official launch of its highly anticipated play-to-earn mobile game, Cereal Crunch, on the Google Play Store. This launch follows the successful acquisition of Cereal Crunch and the Company's recent updates on the game's development.
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Desktop Metal's Transformative Metal Manufacturing Technologies to be Showcased at IMTS 2024
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Figur G-15 delivers on-demand sheet metal forming without unique tools and dies. This system will be producing parts live at IMTS 2024 in Chicago.
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Datametrex Completes VTB Obligation for Imagine Health Acquisition
TORONTO, ON / ACCESSWIRE / September 3, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) is pleased to announce that it has successfully fulfilled and completed its vendor take-back (VTB) obligation related to the acquisition of Imagine Health Centres ("ImagineHealth"), as outlined in the Company's previous news release, dated November 30, 2022. As part of the acquisition, Datametrex committed to a secured VTB note with a principal amount of $800,000, payable in installments over 6, 12, and 18 months.
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SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on October 2, 2024, of Desktop Metal, Inc. - DM
NEW YORK , Aug. 29, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc. (NYSE: DM ), relating to its proposed merger with Nano Dimension Ltd.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CFB and DM on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: CrossFirst Bankshares, Inc. (NASDAQ:CFB)'s sale to First Busey Corporation for 0.6675 shares of Busey common stock for each share of CrossFirst common stock. Upon completion of the proposed transaction, CrossFirst's shareholders will own approximately 36.5% of the combined company.
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Datametrex Announces AI and Tech Revenue
TORONTO, ON / ACCESSWIRE / August 28, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has achieved revenue of approximately $1.3 million, with expense of $821K with a gross profit margin of approximately 37% from its IT services in Korea, in the first half of 2024. This strong financial performance underscores the Company's ability to navigate and thrive within a dynamic and competitive market landscape, reinforcing the effectiveness of its ‘deep and narrow' strategic approach.
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SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger and Looming Vote on October 2, 2024, of Desktop Metal, Inc. – DM
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc . ( NYSE : DM ), relating to its proposed merger with Nano Dimension Ltd. Under the terms of the agreement, Desktop Metal shareholders will receive $5.50 in cash per share of Desktop Metal stock they hold.
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DataMetrex Completes $1.5 Million Private Placement
TORONTO, ON / ACCESSWIRE / August 20, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) is pleased to announce that further to its news release dated July 30, 2024, the Company has successfully closed the final tranche of its non-brokered private placement financing (the "Private Placement" or "Financing"), raising gross proceeds of $565,000.00, for an aggregate total of $1,521,909.30, across all 3 tranches. The final tranche consisted of 28,250,000 units ("Units") at a price of $0.02 per Unit.
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Datametrex Announces Extension and Closing of the Second Tranche of Its Non-Brokered Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has been granted an extension to complete its previously announced (June 13, 2024, and July 3, 2024) non-brokered private placement of up to 75,000,000 units ("Units") for total gross proceeds of up to $1,500,000 (the "Private Placement"). The extension is for 30 days, with a new deadline of August 29, 2024.
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Desktop Metal to Release Second Quarter 2024 Financial Results on Wednesday, July 31, 2024
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2024 before the market opens on Wednesday, July 31, 2024. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 8:30 a.m. ET to discuss the results. Participants ma.
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Escape the Valley: 3 Smaller Tech Stocks Trump and Vance Are More Likely to Love
With former President Donald Trump picking Senator J.D. Vance of Ohio as his running mate, the electoral race is set for a compelling showdown.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SHCR, DM on Behalf of Shareholders
NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
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DESKTOP METAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Desktop Metal, Inc. - DM
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Desktop Metal, Inc. (NYSE: DM) to Nano Dimension Ltd. (NasdaqCM: NNDM). Under the terms of the proposed transaction, shareholders of Desktop Metal will receive $5.50 in cash for each share of Desktop Metal that they own. KSF is seeking to determine whether this consideration and the process that led to it are.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MORF, DM on Behalf of Shareholders
NEW YORK , July 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Morphic Holding, Inc. (NASDAQ: MORF)'s sale to Eli Lilly and Company for $57.00 per share in cash. If you are a Morphic shareholder, click here to learn more about your rights and options.
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Wall Street Analysts Think Desktop Metal (DM) Could Surge 370.58%: Read This Before Placing a Bet
The consensus price target hints at a 370.6% upside potential for Desktop Metal (DM). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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SHAREHOLDER ALERT: The M&A Class Action Firm Investigates Merger of Desktop Metal, Inc. - DM
NEW YORK , July 3, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc. (NYSE: DM ), relating to its proposed merger with Nano Dimension Ltd.
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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates INFN, DM on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / July 3, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Infinera Corporation (NASDAQ:INFN)'s sale to Nokia. For each Infinera share, Infinera shareholders will be able to elect to receive either: 1) $6.65 cash, 2) 1.7896 Nokia shares, or 3) a combination of $4.66 in cash and 0.5355 Nokia shares for each Infinera share.
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Datametrex Announces Closing of the First Tranche of Non-Brokered Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - July 3, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce that, further to its news release dated June 13, 2024, the Company has successfully closed the first tranche of its non-brokered private placement financing, raising gross proceeds of $645,500 through the issuance of 32,275,000 units ("Units") at a price of $0.02 per Unit (the "Private Placement"). Each Unit comprises one common share of the Company ("Share") and one common share purchase warrant ("Warrant").
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ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Desktop Metal, Inc.
NEW YORK , July 3, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Desktop Metal, Inc. (NYSE: DM) and its board of directors concerning the proposed acquisition of the company by Nano Dimension Ltd. (NASDAQ: NNDM).
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Nano Dimension is buying Desktop Metal
Nano Dimension announced plans Wednesday to acquire Desktop Metal. The finer financial details are still being worked out, ultimately ranging anywhere from $135 million to $183 million.
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DM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Desktop Metal, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Desktop Metal, Inc. (NYSE: DM) to Nano Dimension Ltd. for $5.50 per share is fair to Desktop Metal shareholders. Halper Sadeh encourages Desktop Metal shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Desktop Met.
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Nano Dimension to Acquire Desktop Metal, Creating a Leader in Additive Manufacturing
WALTHAM, Mass. & BOSTON--(BUSINESS WIRE)--Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or “Nano”) and Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today jointly announced that they have entered into a definitive agreement under which Nano Dimension will acquire all outstanding shares of Desktop Metal in an all-cash transaction for $5.50 per share, subject to possible downward adjustments to $4.07 per share, as described below. At $5.50 per share, the transaction represents a 27.3% p.
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3 Penny Stocks to Buy on the Dip: June 2024
Penny stocks on the dip are infamous for their high risk, often marked by low trading volumes, minimal pricing and shaky fundamental and financial conditions. These elements make their price movements far more volatile than their large-cap counterparts.
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Imagine Health Centres Welcomes Two New Physicians
Toronto, Ontario--(Newsfile Corp. - June 26, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce the addition of two new physicians to its roster of Healthcare professionals at Imagine Health Centres ("Imagine Health"). The addition of the two new physicians is expected to boost medical clinic annual revenue by approximately $450,000 and the gross margin by $130,000.
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Desktop Metal to Showcase New Breakthroughs in Production Metal and Ceramic Binder Jet 3D Printing at RAPID + TCT
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced it will showcase new customer 3D printing applications at RAPID + TCT in Los Angeles – including high-value applications in the aerospace, electronics, medical, and consumer goods industries. Desktop Metal is the market leader in binder jetting and sinter-based AM for production, with more than 1,350 systems now installed worldwide. DM systems are no.
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3 Penny Stocks to Buy Now: June 2024
Penny stocks to buy now are notorious for their high risk, often characterized by low trading volumes, minimal pricing and precarious fundamental and financial standings. These factors combine to make their price movements more volatile than those of larger-cap cousins.
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The Desktop Metal X25Pro is Now Powered by TurboFuse™ – a High-Speed, High-Strength Binder That Dramatically Improves 3D Printing Times
BOSTON--(BUSINESS WIRE)-- #3Dprinting--TurboFuse improves already-fast binder jet 3D printing speeds by 50% or more and extends printhead life, making binder jetting even more affordable.
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In Partnership with BEGA, Desktop Metal to Showcase Aluminum Lighting Components Binder Jet 3D Printed on the X25Pro at RAPID + TCT
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal has now demonstrated a repeatable binder jet 3D printing process for Al6061 parts with the properties of common cast aluminum alloys.
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Platinum is now Customer-Qualified on the Desktop Metal Production System Binder Jet 3D Printing Platform by Legor
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Italy-based Legor has qualified Platinum for use on the Desktop Metal Production System P-1 metal binder jet 3D printer for jewelry production.
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Desktop Metal Releases Live Inspect™ Tolerance Analysis and Scan Adjustment Software for Additively Manufactured Parts
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced the launch of Live Inspect™ for analyzing and correcting errors in 3D printed parts. Part of Desktop Metal's Live Suite software portfolio, Live Inspect allows manufacturers to dial in accuracy and 3D print parts that hit higher tolerances. The software analyzes features on a 3D scan — such as holes, slots, and planar surfaces — and provides toleranc.
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All You Need to Know About Desktop Metal (DM) Rating Upgrade to Buy
Desktop Metal (DM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Down -34.03% in 4 Weeks, Here's Why Desktop Metal (DM) Looks Ripe for a Turnaround
Desktop Metal (DM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
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Penny Stock Prodigals: 3 Companies Making a Triumphant Return to Glory
Keeping an eye on the stock market? As the main stock indices like S&P 500 and Nasdaq continue to climb, penny stocks are becoming pretty attractive for those looking for significant returns.
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Desktop Metal to Effect a Reverse Stock Split
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (the “Company”) announced today that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's Class A common stock. The reverse stock split will become effective at 5:00 p.m. Eastern Time on June 10, 2024, after close of trading on the New York Stock Exchange (“NYSE”). The Company's Class A common stock is expected to commence trading on a split-adjusted basis when the markets open on June 11, 2024 under the exis.
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Desktop Metal Introduces PureSinter™ – a High-Purity Vacuum Furnace that Delivers Premium Debind-and-Sinter Performance at an Affordable Price
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The all-new PureSinter Furnace offers one-run debinding and sintering of metal parts made with either additive or traditional manufacturing methods.
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Datametrex Completes Acquisition of Cereal Crunch Mobile Blockchain Game from Sariel Diagnostics
Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is pleased to announce that further to its press release dated April 8, 2024, the Company completed the arm's length acquisition of the mobile blockchain game Cereal Crunch from Sariel Diagnostics Corp. ("Sariel"). The deal was closed following the signing of a Definitive Agreement dated May 9, 2024.
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3 Penny Stocks That Could Turn Your $1 Into a Windfall
There's no denying that penny stocks with high potential carry incredibly big risks. At the same time, that's why they're so appealing.
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The Time Traveler's Portfolio: 3 Stocks to Buy Now for Massive Returns by 2034
Imagine you could go back in time to find last decade's long-term stocks to buy. Nvidia (NASDAQ: NVDA ) returned nearly 20,000% growth since 2014.
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Datametrex Announces Disposition of Shares of New World Solutions Inc.
Toronto, Ontario--(Newsfile Corp. - May 22, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") announces that it has filed an early warning report (the "Early Warning Report") pursuant to the requirements of National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the sale by the Company, through the facilities of the Canadian Securities Exchange, of an aggregate of 4,570,000 common shares ("Shares") of New World Solutions Inc. (CSE: NEWS) ("New World") at an average price of $0.02 per Share, for an aggregate proceeds of approximately $95,065 (the "Disposition"). Prior to the Disposition, Datametrex held 11,500,000 Shares of New World, representing approximately 11.14% of New World's outstanding common shares.
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Datametrex Mourns the Passing of Board Member, Hon. James Peterson, PC.
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is sad to announce the passing of the Honourable James Scott Peterson, PC., a cherished member of the Company's Board of Directors since July 28, 2020.
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Wisconsin-Based Evology Manufacturing Adopts Digital Sheet Metal Forming Technology from Desktop Metal
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Evology is one of several manufacturers now offering rapid production of sheet metal parts without stamping dies or tooling, enabled by DM platform.
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Desktop Metal Announces Highly Anticipated Release of Binder Jet 3D Printing Upgrade to Manufacture Reactive Metal Parts, including Titanium and Aluminum
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Production System P-1 will now be offered with a Reactive Safety Kit that unlocks safe, high-speed 3D printing of both titanium and aluminum.
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Shhh! 3 Secret 3D Printing Stocks Flying Below Wall Street's Radar
One of the best investment strategies for long-term growth is twofold: pick an emerging sector or industry set to change how the world operates and properly timing the investment. No-brainer, right?
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Desktop Health™ Announces Flexcera™ Family Resins Validated for Asiga® 3D Printers, Increasing Global Access to Premium Digital Dental Applications
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Health – the trusted production-grade medical 3D printing brand of Desktop Metal, Inc. (NYSE: DM) – and Asiga, a leading dental 3D printing brand, have validated Flexcera Smile Ultra+, Flexcera Smile, and Flexcera Base for use on the Asiga 3D printing platform, expanding access to the innovative nanoceramic resin. Asiga can now offer the formulation to thousands of dental labs and practices that use its 3D printers in the United States, United Kingdom.
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Desktop Metal to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended March 31, 2024 before the market opens on Thursday, May 9, 2024. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 8:30 a.m. ET to discuss the results. Participants may a.
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7 Penny Stocks to Buy Now: Q2 Edition
The penny stock sector, characterized by its volatility, often undergoes rapid surges and declines due to factors like low volume, cheap pricing, and operational dynamics. Still, for well-informed investors, certain penny stocks present opportunities to achieve substantial gains at low costs.
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Penny Stock Powerhouses: 3 Tiny Titans Ready to Explode
Penny stocks, known for their riskiness, experience rapid surges and falls due to low volume, affordable pricing and operational factors. However, for informed investors, there are penny stocks to buy that offer a chance to secure substantial gains at low costs.
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Shorts stung as the Desktop Metal (DM) stock goes vertical
Desktop Metal (NASDAQ: DM) stock price has gone parabolic, hurting short-sellers who believe that it should continue falling. It jumped by over 16% on Thursday, making it one of the best-performing companies in Wall Street.
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Betting on the Squeeze: 3 Stocks to Capitalize on Short Seller Pain
Today, massive short-squeeze opportunities aren't as common as they once were. The advent of rapid, high-frequency trading and automated management systems lets short sellers closely track a stock's movement and jump into action before the conditions for a short squeeze fully materialize.
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Print Your Way to Profits: A Trio of 3D Printing Stocks to Own Now
3D printing stocks haven't seen the surge in popularity they once did — investors recognized that the sector is capital-intensive and, while the industry matures, low margin. But that's beginning to change as the top 3D printing stocks pivot away from focusing on hardware and begin focusing on niche, targeted software to maximize existing hardware's potential.
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3 Penny Stocks to Buy for the Next Bull Run: March 2024
As measured by the S&P 500, U.S. equities are up a solid 10% since January 1st; one segment hasn't yet caught up to the running bull market: the penny stock sector. The Russell 2000, a reasonable proxy for penny stocks to buy, returned just under 3% over the same period — but that may soon change.
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Desktop Health Launches ScanUp™ Digital Dentistry Adoption Subscription Program to Modernize Dental Practice Efficiency and Patient Care
BOSTON--(BUSINESS WIRE)--The total contract value of dentists signed up for the ScanUp digital dentistry adoption program and ecosystem now exceeds $32 million.
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3 Short-Squeeze Stocks to Buy Before the Reddit IPO
While waiting for the Reddit IPO to (likely) crash and burn based on massive oversubscription and limited prospects, some retail traders see the stock as a short-squeeze superstar in the making. Since so many expect the stock to suffer once it hits public markets, the thesis affirms that massive short selling from the outset will artificially suppress per-share pricing.
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Desktop Metal, Inc. (DM) Q4 2023 Earnings Call Transcript
Desktop Metal, Inc. (DM) Q4 2023 Earnings Call Transcript
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Desktop Metal Announces Fourth Quarter and Full Year 2023 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the fourth quarter and full year ended December 31, 2023. “Despite a challenging capital investment environment led by elevated interest rates and slower sales cycles, I'm proud that Team DM buckled down and delivered a much improved operating performance including reduced not loss and a record adjusted EBITDA performa.
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Desktop Metal to Release Fourth Quarter and Full Year 2023 Financial Results on Friday, March 15, 2024
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Friday, March 15, 2024. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 8:30 a.m. ET to discuss the results.
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Desktop Metal and Evonik Expand Partnership, Announce Qualification of Photopolymer on Large Format Additive Manufacturing 2.0 Systems for High-Performance, High-Temperature Products
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, and Evonik, a leading materials provider in 3D printing technology based in Germany, today announced their expanded collaboration on photopolymer and materials development with the qualification of INFINAM® ST 6100 L on the ETEC Xtreme 8K and the Pro XL. Evonik INFINAM® ST 6100 L is a benchmark material in high-strength photopolymers for 3D printing. With an u.
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Desktop Metal Intensifies Cost Reduction Plan and Ongoing Strategic Business Review to Accelerate Path to Profitability
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced an additional $50 million cost-reduction plan that includes a 20% workforce reduction designed to align its cost structure to current market dynamics. The effort is part of a broader strategic business review and other actions, including continued consolidation of facilities and product rationalization, aimed at accelerating DM's path to profit.
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3 Under-the-Radar Tech Stocks for Stunning Returns in 2024
Sometimes the marquee names in the technology sector are not enough. The valuations of the ‘Majestic Seven' appear to some as being grossly inflated.
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Carbon Introduces Three New Resins to Its Platform, Unlocking New Applications for Dental Labs
New resins include Pac-Dent Rodin™ Sculpture, Desktop Health™ Flexcera™ Base, and Keystone Industries KeyGuard™, which will help dental labs diversify offerings, streamline workflows, and unlock new applications REDWOOD CITY, Calif. , Dec. 11, 2023 /PRNewswire/ -- Carbon , a leading product development and manufacturing technology company, announced the release of three breakthrough resins on its platform — Pac-Dent Rodin Sculpture, Desktop Health Flexcera Base, and Keystone KeyGuard.
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Desktop Metal Now Shipping the Figur G15 – a Digital Sheet Metal Forming Machine that Eliminates the Need for Custom Tooling
BOSTON--(BUSINESS WIRE)-- #3Dprinting--The Figur G15 from Desktop Metal is the first commercially available machine tool platform to shape sheet metal on demand without custom tooling.
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Desktop Health Announces First Patients Treated with FDA-Cleared CMFlex™ – an Off-the-Shelf 3D Printed Synthetic Bone Graft Product Pioneered by Dimension Inx on the 3D-Bioplotter®
BOSTON--(BUSINESS WIRE)--Desktop Health – the trusted production-grade medical 3D printing brand of Desktop Metal, Inc. (NYSE: DM) – today announced the first patients have been treated with CMFlex™, an off-the-shelf 3D printed synthetic bone graft product developed and manufactured by Chicago-based Dimension Inx on the 3D-Bioplotter®. Founded in 2017, Dimension Inx is a regenerative therapeutics company that designs, develops, and manufactures therapeutic products to restore tissue and organ f.
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Desktop Metal, Inc. Receives Continued Listing Standard Notice from NYSE
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it received notice from the New York Stock Exchange (the “NYSE”) on November 22, 2023, indicating that Desktop Metal is not in compliance with NYSE's continued listing standards because the average closing price of Desktop Metal's common stock was less than $1.00 over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of Desktop Metal's common stock from the NYS.
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Desktop Metal, Inc. (DM) Q3 2023 Earnings Call Transcript
Desktop Metal, Inc. (NYSE:DM ) Q3 2023 Earnings Conference Call November 9, 2023 12:00 PM ET Company Participants Michael Jordan - VP, Finance & Treasury Ric Fulop - CEO, Founder Jason Cole - CFO Conference Call Participants Greg Palm - Craig-Hallum Operator Greetings and welcome to Desktop Metal's third-quarter 2023 earnings conference call. [Operator Instructions].
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Desktop Metal Announces Third Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the third quarter ended September 30, 2023. “Revenue in the third quarter was disappointing for Desktop Metal and also for the entire additive manufacturing industry. However, while we are dissatisfied with our top-line performance, I am incredibly proud of the progress that Team DM has made in executing our $100 milli.
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Desktop Metal Announces Updated Third Quarter 2023 Earnings Call Time
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced that it will be holding its previously announced conference call five hours earlier to better coincide with timing of the Company's earnings release. Company management will now host the conference call and webcast on third quarter 2023 financial results on November 9, 2023 at 7:00 a.m. ET. Participants may access the call at 1-877-407-4018, international callers may use 1-201-689-8471, and request to join the Desktop Metal.
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Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the third quarter ended September 30, 2023 before the market opens on Thursday, November 9, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 12:00 p.m. ET to discuss the results. Particip.
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Desktop Metal Launches the ETEC Pro XL — an Industrial Polymer 3D Printer that Drives New Affordability in Premium DLP Technology at Half the Price of its Predecessor
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production of metal, ceramic, polymer, and health products, today announced the launch of the ETEC Pro XL — a premium polymer DLP printer that enters the market at less than half the price as its predecessor. The ETEC Pro XL features a large build area of 249.1 x 140.1 x 165.1 mm (9.8 x 5.5 x 6.5 in) and a significant number of new, high-value updates: a 4K ultra high-def.
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Desktop Metal's stock falls toward 9-month low after ‘poison pill' plan terminated
Shares of Desktop Metal Inc. DM, +2.40% dropped 1.6% toward a nine-month low in premarket trading Monday, after the 3D printer company said it terminated its shareholder rights plan, also known as a “poison pill,” following company's and Stratasys Ltd.'s SSYS, +0.16% termination of their merger agreement.
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Desktop Metal, Inc. Announces Termination of Shareholder Rights Plan
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) announced today that, in connection with the termination of the merger agreement between Desktop Metal and Stratasys Ltd. (Nasdaq: SSYS) on September 28, 2023, the Desktop Metal board of directors approved the amendment of Desktop Metal's rights agreement, which was previously scheduled to expire on July 24, 2024. Pursuant to the amendment, the plan has been terminated as of today. Further details about the amendment to the rights agreemen.
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Desktop Health Announces that Flexcera™ Smile Ultra+ is now Available in Europe, Following Recent Class IIa MDR Certification by the European Union
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Health™, the trusted health care brand of Desktop Metal (NYSE:DM), announced that its popular Flexcera™ Smile Ultra+ dental resin, for 3D printing permanent and temporary restorations, is now available for purchase in Europe following its successful certification as a Class IIa medical device under the European Union Medical Device Regulation (MDR). Flexcera Smile Ultra+ delivers exceptional strength, life-like aesthetics, and the long-term performanc.
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Desktop Metal Launches Live Monitor™ for Users of Additive Manufacturing 2.0 Production Technology
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the launch of Live Monitor™ — a software application that provides useful real-time data from printing systems to improve efficiency and management of one printing system or a full fleet. Part of the Live Suite™ package of exclusive software offerings from Desktop Metal, Live Monitor provides easy access to system data from any web browser at any t.
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Desktop Metal Remains Focused on Path to Profitability After Preliminary Tally Shows Stratasys Shareholders Did Not Approve the Merger Agreement
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing (AM) 2.0 technologies for mass production of metal, polymer, ceramic, and health products, today announced that its stockholders approved the merger agreement with Stratasys Ltd. (Nasdaq: SSYS), a leader in polymer 3D printing solutions. However, at a special meeting of Stratasys stockholders on Sept. 28, Stratasys announced that a preliminary tally indicated that it did not obtain stockholder app.
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Leading Independent Proxy Advisory Firm ISS Recommends Desktop Metal Stockholders Vote “FOR” the Pending Merger with Stratasys
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that leading independent proxy advisory firm Institutional Shareholder Services (ISS) recommends that stockholders vote “FOR” the merger with Stratasys Ltd. (Nasdaq: SSYS) at the upcoming special meeting of Desktop Metal stockholders. In its report dated September 20, 2023, ISS stated: “Given the opportunity to become part of a larger entity, the p.
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Stratasys Mails Letter Urging Shareholders to Vote FOR All Stratasys Proposals
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter reminding shareholders to vote “FOR” each of the Company's proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”), ahead of the Stratasys Extraordinary General Meeting of Shareholders (the “Stratasys EGM”) on September 28, 2023. The full text of the letter follows.
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Stratasys Urges Shareholders to Vote FOR the Desktop Metal Transaction
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today sent a letter urging Stratasys shareholders to vote “FOR” each of the Company's proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”), ahead of the Stratasys Extraordinary General Meeting of Shareholders (the “Stratasys EGM”). The proposed merger with Desktop Metal will create.
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Desktop Metal Announces Sale of Production System P-50 and Super Fleet of Metal Binder Jet Systems to FreeFORM Technologies
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies. FreeFORM's primary investor is Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Based in St. Marys, PA, FreeFORM no.
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Stratasys Mails Proxy Materials for Extraordinary General Meeting and Letter to Shareholders
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that it has commenced mailing its proxy materials in connection with the Company's Extraordinary Meeting of Shareholders (the “Stratasys EGM”) to vote on proposals related to its previously announced merger agreement with Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) to create a next-generation additive manufacturing company.
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Desktop Metal, Inc. (DM) Reports Q2 Loss, Misses Revenue Estimates
Desktop Metal, Inc. (DM) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.10 per share a year ago.
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Desktop Metal Announces Second Quarter 2023 Financial Results
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2023. “We are very pleased with our operational execution this quarter as we delivered strong sequential revenue growth, driving significant gross margin expansion and the best adjusted EBITDA since going public,” said Ric Fulop, Founder and CEO of Desktop Metal. “Desktop Metal continues to execute on our cost reduction plans, and with strong growth drivers and cus.
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Desktop Metal to Release Second Quarter 2023 Financial Results on Thursday, August 3, 2023
BOSTON--(BUSINESS WIRE)-- #3Dprinting--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the second quarter ended June 30, 2023 after the market closes on Thursday, August 3, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 4:30 p.m. ET to discuss the results. Participants ma.
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