DMC Global extends Arcadia put option to Sept 2026; pays $2.5M fee

DMC Global Inc.

Put option for remaining 40% of Arcadia Products pushed from Dec 23, 2024 to Sept 6, 2026.
DMC pays $2.5M fee to Munera family and agrees to provide monthly Arcadia updates.
DMC retains call option on the 40% stake beginning Dec 23, 2024.
Amendment avoids near-term equity dilution and increased leverage, says interim CEO.
Company to detail Arcadia turnaround and simplifying strategy on Q4 2024 earnings call.

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