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Trine Acquisition Corp. (TRNE)

Dec 10, 2020 - TRNE merged into DM
Stock Price: $24.77 USD 0.00 (0.00%)
Updated Dec 9, 2021 4:00 PM EST
Market Cap 932.34M
Revenue (ttm) n/a
Net Income (ttm) -2.23M
Shares Out 9.10M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day Dec 9, 2021
Last Price $24.77
Previous Close $24.77
Change ($) 0.00
Change (%) 0.00%
Day's Open 22.79
Day's Range 21.36 - 25.42
Day's Volume 8,841,426
52-Week Range 9.40 - 25.42

News

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Business Insider - 1 month ago

Desktop Metal slipped as much as 14% Thursday on its first day of public trading after combining with special purpose acquisition company, Trine Acquisition Corp.  Billionaire Chamath Palihapi...

Other stocks mentioned: DM
InvestorPlace - 1 month ago

Desktop Metal (DM) has completed its merger with the SPAC Trine Acquisition (TRNE) and is now a public company on the NYSE. The post Desktop Metal SPAC Merger: 13 Thing for DM Stock Investors ...

Other stocks mentioned: DM
CNBC Television - 1 month ago

Desktop Metal CEO Ric Fulop on debuting on NYSE following SPAC deal

"It's a real opportunity to scale the business and allows us more degrees of freedom in a market that has gone from $1 billion to $12 billion in the past decade and this decade is going from $...

Other stocks mentioned: DM
Business Wire - 1 month ago

BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (“Desktop Metal” or the “Company”) a leader in mass production and turnkey additive manufacturing solutions, and Trine Acquisition Corp....

InvestorPlace - 1 month ago

Importantly, SPACs do not involve banks, and therefore, tend to be cheaper, faster and simpler than IPOs. Which SPAC IPOs should you buy to profit?

Other stocks mentioned: IPV, RMG, FEAC, HCAC
The Motley Fool - 1 month ago

These special purpose acquisition companies are merging with manufacturers that are driving the future of the automotive industry.

Other stocks mentioned: CIIC, HCAC
Business Wire - 1 month ago

BOSTON--(BUSINESS WIRE)--Desktop Metal, a leader in mass production and turnkey additive manufacturing solutions, announced today it will present at the Credit Suisse 8th Annual Virtual Indust...

InvestorPlace - 1 month ago

At the forefront of this breakthrough in industrial AM is a small, $2.7 billion company by the name of Desktop Metal, which is set to go public through a merger with the SPAC, Trine Acquisitio...

Business Wire - 2 months ago

NEW YORK & BOSTON--(BUSINESS WIRE)--Desktop Metal, a leader in mass production and turnkey additive manufacturing solutions, today is launching Live Sinter™, a software solution designed to el...

Seeking Alpha - 3 months ago

Chamath Palihapitiya, The Sultan Of SPACs, Fails; Perils And Profits; And A Guide

Other stocks mentioned: FMCI, FMCIU, GDRX, IPOB, IPOC, LCA, MCAC, PLTR, VLDR
TechCrunch - 3 months ago

The Great American SPAC-Off

As both Opendoor and Desktop Metal approach the public markets on the wings of SPACs, we ask why. And why we have to keep talking about SPACs, which we do not want to do.

Other stocks mentioned: IPOB
PRNewsWire - 4 months ago

NEW ORLEANS, Sept. 18, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed me...

PRNewsWire - 4 months ago

NEW YORK, Sept. 18, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in N...

Seeking Alpha - 4 months ago

Stock is poised to kick off a bull run in next generation 3D printing stocks similar to the parabolic moves of SSYS, DDD, and PRLB back in 2011-2013.

TechCrunch - 4 months ago

Desktop Metal is one of the most interesting startups to come out of Boston in some time, with a technology designed to “print metal.” That’s a potentially huge expansion for the 3D printing m...

Other stocks mentioned: AAAU, BAR, DBP, DGL, GLD, GLDM, IAU, OUNZ, SGOL, UGL
Business Wire - 4 months ago

NEW YORK--(BUSINESS WIRE)--Trine Acquisition Corp. (NYSE: TRNE) (“Trine”), a special purpose acquisition company led by Leo Hindery, Jr.

InvestorPlace - 4 months ago

These 4 SPAC stocks recently announced merger deals and most offer upside from 33% to over 100%. Plus, 2 pre-merger SPACs to consider.

Other stocks mentioned: GMHI, LFAC, GRNV
Seeking Alpha - 4 months ago

Warrant Relative Value Updates September 2020: Low-Hanging Fruit

Other stocks mentioned: ACAMU, DPHC, GRAF, HCAC, SPAQ, SSPKU, THCAU, THCBU
PRNewsWire - 4 months ago

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trine Acquisition Corp.

Bloomberg Technology - 4 months ago

Why Desktop Metal Took the SPAC Route to Go Public

Desktop Metal Inc. Chief Executive Officer and co-founder Ric Fulop explains why the company took the special purpose acquisition company (SPAC) route instead of a traditional initial public o...

Benzinga - 4 months ago

As many supply chain managers seek to better manage volatility in truck capacity and move supply chains closer to the end consumer, additive manufacturing, or 3D printing, has gained favor.

The Motley Fool - 4 months ago

This special purpose acquisition company is about to make a special purchase.

TechCrunch - 4 months ago

Desktop Metal’s had no shortage of investor interest in its business during in its half-decade existence.

CNBC Television - 4 months ago

Desktop Metal CEO on why the company chose to go public through a SPAC

3D printing company Desktop Metal is the latest company to go public in a deal with a blank check company. CEO Ric Fulop joins "Squawk Box" to discuss.

Reuters - 4 months ago

Desktop Metal said on Wednesday it has agreed to go public through a reverse merger with blank-check company Trine Acquisition Corp (TRNE.N), in a deal that values the metal 3D printing techno...

Business Insider - 4 months ago

Desktop Metal is a leader in mass production and turnkey additive manufacturing solutions, offering the fastest metal 3D printing technology in the market, up to 100x the speed of legacy techn...

Forbes - 4 months ago

3D printing unicorn Desktop Metal will list on the NYSE in a merger with cable exec Leo Hindery's special-purpose acquisition company Trine Acquisition Corp. that will give it $575 million in ...

Seeking Alpha - 5 months ago

The SPAC warrants sold off across the board over the past two weeks while general markets were up during the same period.

Other stocks mentioned: FTAC, GRAF, HCAC, LGC, MJ, SPAQ, THCBU
The Motley Fool - 5 months ago

These three SPACs are still searching for deals. Those who invest today may be able to get in ahead of the IPO announcements.

Other stocks mentioned: GMHI, GMHIU
Seeking Alpha - 6 months ago

Trine: Riding With Cable Cowboy's Sidekick

The Motley Fool - 11 months ago

Leo Hindery has raised capital with this stock to acquire and run something new.

About TRNE

Trine Acquisition does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in New York, New York.

Industry
Shell Companies
IPO Date
Mar 15, 2019
Stock Exchange
NYSE
Ticker Symbol
TRNE
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Financial Performance

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