According to a statement issued by Desktop Metal, the boards of both companies unanimously approved the transaction. The completion of the proposed merger is dependent on the further approval of both firms' stockholders and other market conditions but is expected to be completed by Q4 2020. "After evaluating more than 100 companies, we identified Desktop Metal as the most unique and compelling opportunity, a company that we believe is primed to be the leader in a rapidly growing industry," said Leo Hindery, Jr., Trine Acquisition's Chairman, and CEO. "Ric has put together an exceptional team and board of directors with whom we are excited to partner to create the only publicly traded pure-play Additive Manufacturing 2.0 company." Nominations for the 2020 3D Printing Industry Awards are still open, let us know who is leading the industry now. The fourth edition of the 3D Printing Industry Awards Trophy Design Competition is now underway. Enter your design for the chance to win a CraftBot Flow 3D printer.