Desktop Metal Announces Special Meeting of Stockholders to Vote on Proposed Merger with Stratasys
Summary
BOSTON--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced that it will hold a special meeting at 9:00 a.m., Eastern Time, on Thursday, September 28, 2023 for consideration and voting on the previously-announced merger agreement with Stratasys Ltd. (Nasdaq: SSYS). Together, we expect to be able to offer customers end-to-end solutions from designing, prototyping, and tooling to mass production and aftermarket operations across the entire manufacturing lifecycle. The closing of the transaction is expected to occur in the fourth quarter of 2023, subject to receipt of required regulatory approvals and satisfaction or waiver of the other conditions to completion of the merger. Manufacturers use our technology worldwide to save time and money, reduce waste, increase flexibility, and produce designs that solve the world’s toughest problems and enable once-impossible innovations. Investors and security holders are able to obtain free copies of the registration statement and definitive joint proxy statement/prospectus and other documents containing important information about Stratasys, Desktop Metal and the proposed transaction through the website maintained by the SEC at http://www.sec.gov.