Desktop Metal, Inc. Announces Termination Of Shareholder Rights Plan
Portfolio Pulse from Benzinga Newsdesk
Desktop Metal, Inc. (NYSE:DM) has announced the termination of its shareholder rights plan in connection with the termination of the merger agreement with Stratasys Ltd. (NASDAQ:SSYS). The amendment to the rights agreement will be detailed in a Form 8-K to be filed with the SEC.
October 09, 2023 | 12:35 pm
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NEUTRAL IMPACT
Desktop Metal's termination of its shareholder rights plan could potentially impact the company's stock price.
The termination of the shareholder rights plan could lead to changes in the company's stock price. However, the exact impact is uncertain and will depend on the market's reaction to this news.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
The termination of the merger agreement with Desktop Metal could potentially impact Stratasys Ltd.'s stock price.
The termination of the merger agreement could lead to changes in Stratasys Ltd.'s stock price. However, the exact impact is uncertain and will depend on the market's reaction to this news.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 75