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TORONTO, ON / ACCESS Newswire / April 1, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce the signing of a non-binding Letter of Intent ("LOI") to acquire Arbutus Health and Wellness Inc. ("Arbutus Health"), a multidisciplinary medical clinic in Vancouver Canada, on March 20, 2025. Datametrex has agreed to acquire Arbutus Health for the Purchase Price of up to $1.1 million, which will be satisfied through the issuance of an aggregate of common shares in the capital of Datametrex at $0.10 per share.
Nano Dimension Ltd. must close the merger with Desktop Metal, Inc. at $5.50 per share, subject to various adjustments. Adjustments could reduce the merger price to $4.07 per share, but a more likely outcome is around $5.06 per share. Jude opinion indicates Nano obstructed CFIUS approval, increasing transaction expenses.
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that the Delaware Court of Chancery has ruled in favor of Desktop Metal in its pending litigation against Nano Dimension Ltd. and Nano US I, Inc. (together, “Nano”) regarding the merger agreement between Desktop Metal and Nano dated July 2, 2024 (the “Merger Agreement”). In its March 24 post-trial opinion and order, the Court found that Nano materially breached the Merger Agreement, rejected Nan.
TORONTO, ON / ACCESS Newswire / February 27, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to provide an update on its strategic direction with its commitment to focusing on healthcare and AI businesses. As part of its growth initiatives, Datametrex plans to bolster its healthcare sector by expanding its clinic operations to meet a broader range of healthcare needs, including family medicine, walk-in examinations, and care by a specialist.
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that the Delaware Court of Chancery has set trial dates of March 11-12, 2025 in Desktop Metal's pending litigation against Nano Dimension Ltd. (“Nano Dimension”) regarding the merger agreement between the parties dated July 2, 2024 (the “Merger Agreement”). The Court granted Desktop Metal's motion to expedite proceedings at a hearing in December 2024, finding that expedition was warranted to add.
TORONTO, ON / ACCESS Newswire / February 18, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces that, further to the Company's news release dated February 6, 2025,effectiveat the opening on February 19, 2025, the common shares of the Company ("Shares") will commence trading on the TSX Venture Exchange ("TSXV") on a consolidated basis of one (1) post-consolidation share for every thirty (30) pre-consolidation shares (the "Consolidation"). The Company will not undergo a name change at the time of Consolidation.
TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces a proposed consolidation of its common shares on the basis of one (1) new common share for every existing thirty (30) common shares (the "Consolidation"), subject to regulatory approval, including approval of the TSX Venture Exchange (the "TSXV"). The Consolidation was approved by the shareholders of the Company at the Annual and Special Meeting held on November 13, 2024.
TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received Purchase Orders (P.O.) for service and tech support valued at approximately $1.1M, with a projected gross profit margin of approximately 63%, as of January 31, 2025.
TORONTO, ON / ACCESSWIRE / January 10, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received a new Purchase Order (P.O.) of approximately $440K with projected gross profit of approximately 33%, on December 30, 2024.
BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted Desktop Metal's motion for an expedited trial in the lawsuit Desktop Metal filed on December 16, 2024 against Nano Dimension Ltd. (“Nano Dimension”). In the lawsuit, Desktop Metal alleged that Nano Dimension has breached its obligation under the merger agreement between Desktop Metal and Nano Dimensi.