Nano Dimension (NASDAQ:NNDM) has agreed to purchase all outstanding shares of Desktop Metal (NYSE:DM).

The acquisition is structured as an all-cash transaction, valued at approximately $183 million, or $5.50 per share.

This price represents a 27.3% premium over Desktop Metal's closing stock price and a 20.5% premium to its 30-day VWAP (Volume Weighted Average Price) as of July 2, 2024.

The deal includes a clause for possible downward adjustments to $4.07 per share, bringing the potential minimum total consideration to around $135 million. 

Both companies' boards have approved the merger, which is now pending regulatory approvals and is expected to be finalized in the fourth quarter of 2024.