The Technology and Public M&A teams advised Markforged Holding Corporation (NYSE: MKFG) in its definitive agreement with Nano Dimension Ltd. (Nasdaq: NNDM) in which Nano will acquire all outstanding shares of Markforged in an all-cash transaction for $5.00 per share. The aggregate total consideration payable to Markforged’s shareholders is $115 million. The transaction, which was unanimously approved by the Boards of Directors of both companies, is expected to close in the first quarter of 2025, subject to the satisfaction of customary closing conditions.
Headquartered in Waltham, Mass., Markforged is enabling more resilient and flexible manufacturing by bringing industrial 3D printing right to the factory floor. The company’s manufacturing platform The Digital Forge allows manufacturers to create strong, accurate parts in both metal and advanced composites.
The Goodwin team was led by Ken Gordon and Blake Liggio, and included Kirkie Maswoswe, Jessica Park, Monika Chawla and Justin Brogan (Public M&A), with assistance from Michael Minahan, Justin Anslow and Sebastian Miao (Capital Markets); Sarah Bock, Regina Couto, Rahat Tariq and Chris Jones (Executive Compensation); Andrew Lacy, Brady P. P. Cummins, Anuj Ghai and Sophie Entwisle (Antitrust); Jennifer Fay and Alexander Flynn-Tabloff (Labor & Employment); Janet Andolina, Kyle Pine and Alicia Wi (Tax); Jacob Osborn, Charles (Ce) Li and Justin Shields (CFIUS & Global Trade); Neel Chatterjee and Jacqueline Genovese Bova (Intellectual Property); and Adam Slutsky and Morgan Mordecai (Litigation).
For additional details on the transaction, please read the press release.