DMC Global acknowledges non-binding takeover proposal from Steel Connect at $10.18/share cash

DMC Global Inc.

Steel Connect proposes to acquire all DMC Global shares not already owned for $10.18 per share in cash.
Proposal is non-binding and subject to further due diligence; no assurance of a definitive agreement or transaction.
DMC Board will review the proposal with financial and legal advisors; stockholders are advised to take no action now.
DMC retained BofA Securities as financial advisor and Womble Bond Dickinson/Richards Layton & Finger as legal advisors.

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