Desktop Metal has now filed a second suit that names as a defendant Markforged Holding, the company Nano Dimension agreed in September to acquire for $115 million. The lawsuit claims Nano Dimension is breaching its obligation to refrain from other acquisitions that could delay or add regulatory risk to the Desktop Metal merger.

With its suite of digital manufacturing technologies, Nano Dimension is enabling its customers with prototyping and high-mix-low-volume production, along with IP security, design-for-manufacturing capabilities, and more sustainable means of fabrication. For more information, please visit https://www.nano-di.com/

Desktop Metal, Inc. (NYSE: DM) ("Desktop Metal") today announced that it has filed a lawsuit against Nano Dimension Ltd. ("Nano Dimension") in the Delaware Court of Chancery (the "Court"), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the "Merger Agreement").

Shares of Desktop Metal jumped after the company was granted an expedited trial date for its lawsuit against Nano Dimension and said it has filed a second suit against the company. The stock was up 13% at $3.03 in early trading. Shares were trading at around $6.70 this time a year ago.

Desktop Metal (DM) announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted Desktop Metal’s