Desktop Metal stockholders have approved the merger agreement with Nano Dimension, with 60% of approximately 33 million outstanding shares voting in favor. Over 96% of participating votes supported the merger, marking a crucial milestone in the acquisition process.The transaction is expected to close in Q4 2024, pending final regulatory approvals. Desktop Metal's CEO Ric Fulop emphasized that the combination of strong products and technologies with a solid balance sheet is essential for industry sustainability, while Nano Dimension's CEO Yoav Stern highlighted plans for post-merger integration.The merger aims to create a stronger leader in the digital manufacturing space, with Nano Dimension also planning a subsequent business combination with Markforged. The consolidation is expected to establish a profitable industry leader in additive manufacturing and electronics manufacturing solutions.

Desktop Metal stockholders have approved the merger agreement with Nano Dimension, with 60% of approximately 33 million outstanding shares voting in favor. Over 96% of participating votes supported the merger, marking a crucial milestone in the acquisition process.The transaction is expected to close in Q4 2024, pending final regulatory approvals. Desktop Metal's CEO Ric Fulop emphasized that the combination of strong products and technologies with a solid balance sheet is essential for industry sustainability, while Nano Dimension's CEO Yoav Stern highlighted plans for post-merger integration.The merger aims to create a stronger leader in the digital manufacturing space, with Nano Dimension also planning a subsequent business combination with Markforged. The consolidation is expected to establish a profitable industry leader in additive manufacturing and electronics manufacturing solutions.