SpacDeskDesktop Metal, Inc
Completed deSPAC · 1 SPAC · 1 closed · 0 announced
Trine Acquisition Corp, ticker TRNE, was a blank-check company sponsored by Trine Capital and led by chairman Leo Hindery Jr. The vehicle completed its IPO in 2018, targeting the industrial and manufacturing sector. On August 26, 2020, Trine announced its combination with Desktop Metal, Inc., an additive manufacturing company focused on metal and carbon fiber 3D printing systems for industrial applications. The transaction closed in December 2020, with Desktop Metal subsequently trading on the New York Stock Exchange under the ticker DM. The SPAC is now closed following the completed business combination. Sign up at SpacDesk for full deal timelines, sponsor profiles, and filing data on this and hundreds of other SPAC transactions.
SPAC Counterparty (1)
| Symbol | Issuer | Status | Announced | Close | IPO Size | PIPE | Sponsor |
|---|---|---|---|---|---|---|---|
| TRNE | Trine Acquisition Corp | Closed | 2020-08-26 | 2020-12-14 | $275.0M | $275.0M | HPS Investment Partners |