Nano Dimension has announced plans to acquire Markforged, a de-SPAC, in an all-cash deal valued at $5 per share. The acquisition aims to create a leading additive manufacturing company with a combined 2023 revenue of $340 million and $475 million in cash at closing. A joint investor call is scheduled for September 26. Markforged, which underwent a reverse stock split on September 16, 2024, has seen its stock decline by 95.44% since its October 2020 IPO. Cathie Wood's ARKQ and ARKX funds had aggressively bought Markforged stock at the $100 level in the second half of 2021. Ademi LLP and Halper Sadeh LLC are investigating whether the sale of Markforged is fair to shareholders.
MKFG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Markforged Holding Corporation Is Fair to Shareholders https://t.co/Kh7TW3Kw34 https://t.co/7ARJoqCc10
Shareholder Alert: Ademi LLP Investigates Whether Markforged Holding Corporation Has Obtained a Fair Price for Its Public Shareholders https://t.co/d2OFbfOftU https://t.co/9OR1btLge7
Investigation into Sun Communities Underway: Johnson Fistel, LLP Digs into Alleged Securities Law Violations - What Shareholders Need to Know https://t.co/eYCUx2kU9H https://t.co/nn81voXylA