“SPACs have really changed from the old days,” says Hindery, who will join Desktop Metal’s board of directors with the deal. “IPOs take longer, and they are not as fruitful in bringing in targeted investors.”
Fulop, a longtime proselytizer of additive manufacturing, bet five years ago that the way manufacturers make things was about to change as mass production with giant 3D printers, such as Desktop Metal’s, could begin to replace CNC machining and casting for numerous metal parts. Other companies, including HP, have also developed metal 3D printers for mass production.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New blank-check company from Bancorp founder lays groundwork for a fintech dealA new $750 million special purpose acquisition company, or SPAC, is listing on the Nasdaq Wednesday with the goal of buying a global fintech company. What’s the ticker?
Source: CNBC - 🏆 12. / 72 Read more »
Ex-Trump adviser Cohn seeks $600 million for blank-check company IPOGary Cohn, the former economic adviser to U.S. President Donald Trump, has teamed up with investor Clifton S. Robbins to seek $600 million in an initial public offering (IPO) for a new blank-check acquisition company, filings showed on Tuesday. The rich get richer until there's nothing left for you: welcome to feudalism 2.0. taxtherich taxationisnottheft youmorons inequality maddow It’s evident Lisa and Pryce are seasoned Debaters so we got style,poise and confidence. Floyd and Kamina delivered substance and data backed up by facts. The JLP won the debate not hands down though.AbkaFitzHenley ,Nationwideradio .cliffnationwide.emilymshields
Source: Reuters - 🏆 2. / 97 Read more »
25-year-old sells high-school startup Luminar in a $3.4 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »