M&A
confidence high
sentiment neutral
materiality 0.90
Fathom Digital Manufacturing Corp: M&A transaction — Fathom Digital Manufacturing completes merger with CORE Industrial Partners, goes private at $4.75/share
Fathom Digital Manufacturing Corp
- Merger closed on May 21, 2024; shareholders receive $4.75 per share in cash, total consideration ~$6M.
- Company becomes wholly-owned subsidiary of CORE Industrial Partners affiliate; stock delisted from NYSE, Form 25 filed.
- All directors resigned effective at merger close; officers remain.
- Company completed $50M term loan paydown required under Credit Agreement amendment.
- Warrants adjusted; exercise price reduced to ~$0.2338 per warrant, cashless exercise option available until June 20, 2024.