Desktop Metal

Acquired

Binder-jetting printer maker founded in 2015. Went public by SPAC in 2020, bought ExOne for 575 million dollars in 2021, was acquired by Nano Dimension in April 2025, filed for Chapter 11 in July 2025 and was bought out of bankruptcy by Arc.

Announced its merger with Trine Acquisition Corp in Aug 2020 at 2.5 billion dollars of equity value. The 3D printing SPAC scoreboard sets that against what came next.

Status: Acquired
Headquarters: Burlington, Massachusetts
Founded: 2015
Ownership: Bought out of bankruptcy by Arc in 2025
Technologies: Metal and sand binder jetting

Timeline

10 entries, oldest first

2015
Oct 2015
Founded in Cambridge, Massachusetts
Ric Fulop was among its seven founders.
Source
2020
Dec 2020
Lists on the NYSE through the Trine SPAC
Completed the combination on 9 December 2020, funded by Trine’s 305 million dollar trust and a 275 million dollar private placement, and traded as DM from the next day.
Source
2021
Aug 2021
Agrees to buy ExOne for 575 million dollars
Offered 8.50 dollars in cash plus 17.00 dollars in stock for each ExOne share.
Source
Nov 2021
Closes the ExOne deal
The final value came to about 561.3 million dollars at Desktop Metal’s share price.
Source
2023
May 2023
Agrees to merge with Stratasys
An all-stock deal signed on 25 May 2023.
Source
Sep 2023
Stratasys shareholders vote the merger down
Source
2024
Jul 2024
Agrees to a Nano Dimension takeover
All cash at 5.50 dollars a share, adjustable down toward 4.07.
Source
2025
Apr 2025
Nano Dimension completes the acquisition
Closed on 2 April 2025.
Source
Jul 2025
Files for Chapter 11
Its independent board filed on 28 July 2025, citing liabilities and liquidity needs.
Source
Sep 2025
Arc buys Desktop Metal out of bankruptcy
Longtime chief operating officer Thomas Nogueira became chief executive.
Source

Informational only, not investment advice. Timeline entries are compiled by hand from public sources and can lag real events. Figures come from company reports and news, not from us. Private companies rarely publish financials; where a figure is not disclosed we say so instead of estimating it.