Delaware Court of Chancery Grants Desktop Metal’s Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2025
0mins
Source: Businesswire
Legal Proceedings: Desktop Metal has initiated legal action against Nano Dimension for allegedly breaching their merger agreement, with a trial set for February 2025 to address these claims.
Merger Implications: Desktop Metal is also seeking to prevent Nano Dimension from completing an acquisition of Markforged, arguing that it could jeopardize the regulatory approval and closing of their own merger.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
