DMC Global rejects Steel Connect's $10.18/share bid, Q4 guidance exceeded

DMC Global Inc.

Board unanimously rejected non-binding $10.18/share cash proposal from Steel Connect, citing undervaluation.
Q4 sales and adjusted EBITDA expected to exceed high end of guidance range, signaling business stabilization.
Arcadia turnaround led by returning president Jim Schladen; positioned for LA wildfire rebuild.
DynaEnergetics automation and cost benefits to materialize in H1 2025; CEO search underway.

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