Desktop Metal files prospectus for mixed shelf offering up to $250M
February 20, 2024
Desktop Metal, Inc, headquartered in Burlington, Massachusetts, USA, has filed a prospectus for a mixed securities shelf offering up to $250 million.
The prospectus was submitted on February 14, 2024, in a Securities and Exchange Commission (SEC) Form S-3 filing. The mixed shelf offering includes a range of securities, such as preferred stock, debt securities, warrants, units and up to $75 million of class A common stock.
The offering follows Desktop Metal’s announcement of a $50 million savings plan in January of this year.
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