Reports suggest the strategic review could lead to the divestiture of Desktop Metal, just weeks after Nano Dimension completed the acquisition of the company.
The shares were purchased through a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, leaving Fortissimo with approximately 15.5% of Stratasys’ issued and outstanding ordinary shares.
restor3d says it is 'rapidly approaching positive operating cash flow' but has procured the 38 million USD in fresh capital to advance the commercialisation of the new product lines.
Through the acquisition of these assets, Lumas Polymers now owns patents, technical capabilities, expertise, and equipment that enable the manufacture of tailored materials solutions.
TCT hears from the additive manufacturing industry about whether there's an opportunity for 3D printing technologies amid the Trump administration's global tariffs.
A trial was held earlier this month after Desktop Metal alleged that Nano Dimension had breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with their proposed merger agreement.
Following the closing of the deal, it is expected that Prima Additive’s headquarters will remain in Italy, with the management team – including CEO Paolo Calefati also remaining unchanged.
