Ticker LaunchSPAC · Merger completed
Trine Acquisition Corp.
Business combination with Desktop Metal, Inc.
Trine Acquisition Corp. is a blank-check company (SPAC) that raised $261M in its initial public offering on Mar 18, 2019, listing on New York Stock Exchange. It completed its business combination with Desktop Metal, Inc. on Dec 9, 2020; the combined company is Desktop Metal, Inc. (DM). Ellenoff Grossman & Schole advised the SPAC and Kirkland & Ellis advised the underwriters on the IPO.
Desktop Metal, founded in 2015 by leaders in advanced manufacturing, metallurgy and robotics, develops additive manufacturing technology. It addresses speed, cost and quality challenges so that additive manufacturing can become an essential tool for engineers and manufacturers.
- Status
- Merger completed
- IPO date
- Mar 18, 2019
- IPO size
- $261M
- IPO exchange
- New York Stock Exchange
- Target
- Desktop Metal, Inc.
- Announced
- Aug 26, 2020
- Closed
- Dec 9, 2020
- Combined company
- Desktop Metal, Inc. (DM)
- SPAC counsel (IPO)
- Ellenoff Grossman & Schole
- Underwriters' counsel (IPO)
- Kirkland & Ellis
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Mar 18, 2019
- Deal announcement (8-K) Aug 26, 2020
- Press release
- All filings on EDGAR CIK 1754820
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