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Desktop Metal (DM) Announces Warrant Redemption

Feb 26, 2021 INTEL by Kristi Marvin
Desktop Metal, Inc. (NYSE: DM), which completed their combination with Trine Acquisition Corp. in early December 2020, announced this morning that they will be redeeming their remaining outstanding public SPAC warrants for cash exercise.  However, Desktop Metal notes that 75 percent of their outstanding warrants have already been exercised to-date. So today’s announcement is essentially
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Roth CH Acquisition II Co. (ROCC) Discloses Non-Binding LOI

Roth CH Acquisition II Co. (NASDAQ:ROCC) filed a 8-K this morning disclosing that it has signed a non-binding letter of intent (LOI) for a potential business combination, but did not provide any other details about the target. This is unusual for a number of reasons. SPACs are not obligated to disclose discussions at this stage,
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