initial public offerings (IPOs) trading on American exchanges

Thursday, December 10, 2020

Desktop Metal (DM) began trading on the NYSE on Thur 10 Dec 20

Desktop Metal went public via a reverse merger with special purpose acquisition company (SPAC) Trine Acquisition Corp.
  • Desktop Metal, Inc. is the only publicly traded pure-play Additive Manufacturing 2.0 company, offering the fastest metal 3D printing technology in the market.
  • The company projected 2025 sales of $942M will require an influx of substantial capital given the high cost of continued innovation.
Sector(s): Technology
Industry: Computer Hardware
Full Time Employees: 202

 Desktop Metal, Inc. (NYSE:DM) is a Delaware corporation founded in 2015 and located in Burlington, MA. The stated mission of the company is to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. Since inception, the company has been a veritable “money magnet” and attracted total funding of $438M, which was then the largest capital raised by any private 3D printing company to date according to the company’s website.

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