Metal 3D printing company Markforged announces plans to go public via SPAC

Metal 3D printing company Markforged announces plans to go public via SPAC

3 years ago
Anonymous $rH7oE7DjRg

https://techcrunch.com/2021/02/24/metal-3d-printing-company-markforged-announces-plans-to-go-public-via-spac/

Big morning for Massachusetts tech companies planning to go public via SPAC. Shortly after Berkshire Grey unveiled its intentions, Watertown-based Markforged has announced its own plans. The metal 3D printing company intends to merge with ONE, a special purpose acquisition company created by Kevin Hartz, who will join its board.

The deal, which could value the additive manufacturing company at around $2.1 billion, would bring in around $400 million in cash. Markforged plans to use the money on R&D for new products, materials and building out new verticals for its tech. Shai Terem will stay on as CEO.

Metal 3D printing company Markforged announces plans to go public via SPAC

Feb 24, 2021, 4:53pm UTC
https://techcrunch.com/2021/02/24/metal-3d-printing-company-markforged-announces-plans-to-go-public-via-spac/ > Big morning for Massachusetts tech companies planning to go public via SPAC. Shortly after Berkshire Grey unveiled its intentions, Watertown-based Markforged has announced its own plans. The metal 3D printing company intends to merge with ONE, a special purpose acquisition company created by Kevin Hartz, who will join its board. > The deal, which could value the additive manufacturing company at around $2.1 billion, would bring in around $400 million in cash. Markforged plans to use the money on R&D for new products, materials and building out new verticals for its tech. Shai Terem will stay on as CEO.