Desktop Metal, backed by a large consortium of corporates, will merge with special purpose acquisition company Trine to list on the NYSE at a $2.5bn valuation.

Desktop Metal, a US-based additive manufacturing technology producer that counts several corporates among its investors, agreed yesterday to a reverse merger with special purpose acquisition company Trine Acquisition Corp. The company will get Trine‚Äôs listing on the New York Stock Exchange (NYSE) once the deal closes later this year. The combined business is expected to…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.