Form 4: Desktop Metal Insider Farhad Fred Ebrahimi Reports Share Disposal Following Nano Dimension Merger

Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, reports the disposal of shares following the merger with Nano Dimension, where Desktop Metal became a wholly-owned subsidiary of Nano.

Summary

• This Form 4 filing details changes in beneficial ownership for Farhad Fred Ebrahimi, a director and 10% owner of Desktop Metal, Inc.
• The filing is triggered by the merger between Desktop Metal and Nano Dimension, which became effective on April 2, 2025.
• As a result of the merger, each outstanding share of Desktop Metal Class A Common Stock was converted into the right to receive $5.295 in cash.
• Ebrahimi, through various entities including Shiraz Capital LLC, Corcaigh LLC, Infinity Trusts Investment LLC, Crescent River LLC, Havana 2020 GRAT, Elstead 2020 GRAT, and Farhad F Ebrahimi Roth IRA, no longer beneficially owns the reported shares of common stock.
• The reported transaction involves the disposal of 1,388,098 shares held by Shiraz Capital LLC, 793,431 shares held by Corcaigh LLC, 911,660 shares held by Infinity Trusts Investment LLC, 3,652,995 shares held by Crescent River LLC, 125,310 shares held by Havana 2020 GRAT, 107,542 shares held by Elstead 2020 GRAT and 151,030 shares held by Farhad F Ebrahimi Roth IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a merger. It doesn't convey strong positive or negative sentiment, but rather reports factual information about the transaction.

Future Outlook

The document does not contain any specific forward-looking statements regarding the future outlook of Nano Dimension or Desktop Metal.

Industry Context

This announcement reflects a consolidation trend in the additive manufacturing industry, where companies are merging to gain scale, expand their technology portfolios, and achieve synergies. Nano Dimension's acquisition of Desktop Metal is a significant move, potentially creating a more competitive player in the 3D printing market.

Comparison to Industry Standards

• Mergers and acquisitions are common in the tech industry, often driven by the desire to acquire new technologies or expand market share.
• Similar deals in the 3D printing space include Stratasys' acquisition of Desktop Metal's rival, Origin, and 3D Systems' acquisition of multiple smaller companies to broaden their offerings.
• The $5.295 per share cash consideration represents the value Nano Dimension placed on Desktop Metal's assets and future potential.

Stakeholder Impact

• Shareholders of Desktop Metal received $5.295 in cash for each share.
• Employees of Desktop Metal are now part of Nano Dimension.
• The merger could impact customers and suppliers as the combined entity integrates its operations and product offerings.

Key Dates

Keywords

Form 4, beneficial ownership, merger, Desktop Metal, Nano Dimension, Ebrahimi, share disposal