BOSTON–(BUSINESS WIRE<\/a>)– \nDesktop Metal has previously announced a merger agreement with Trine Acquisition Corp. (NYSE: TRNE),a special purpose acquisition company (SPAC), that would result in Desktop Metal becoming a publicly listed company.\n<\/p>\n About Trine Acquisition Corp<\/b><\/p>\n \nTrine Acquisition Corp is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit www.trineacquisitioncorp.com<\/a>.\n<\/p>\n About Desktop Metal<\/b><\/p>\n \nDesktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with end-to-end 3D printing solutions. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make 3D printing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world\u2019s 30 most promising Technology Pioneers by the World Economic Forum; named to MIT Technology Review\u2019s list of 50 Smartest Companies; and recognized among the most important innovations in engineering in Popular Science\u2019s \u201cBest of What\u2019s New.\u201d For more information, visit www.desktopmetal.com<\/a>\u200b.\n<\/p>\n Forward-Looking Statements Legend<\/b><\/p>\n \nThis document contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction between Desktop Metal, Inc. (“Desktop”) and Trine Acquisition Corp. (“Trine”), including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the services offered by Desktop and the markets in which it operates, and Desktop\u2019s projected future results. These forward-looking statements generally are identified by the words \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cwill likely result,\u201d and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Trine\u2019s securities, (ii) the risk that the transaction may not be completed by Trine\u2019s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Trine, (iii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the agreement and plan of merger by the shareholders of Trine and Desktop, the satisfaction of the minimum trust account amount following redemptions by Trine\u2019s public shareholders and the receipt of certain governmental and regulatory approvals, (iv) the lack of a third party valuation in determining whether or not to pursue the proposed transaction, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the agreement and plan of merger, (vi) the effect of the announcement or pendency of the transaction on Desktop\u2019s business relationships, performance, and business generally, (vii) risks that the proposed transaction disrupts current plans of Desktop and potential difficulties in Desktop employee retention as a result of the proposed transaction, (viii) the outcome of any legal proceedings that may be instituted against Desktop or against Trine related to the agreement and plan of merger or the proposed transaction, (ix) the ability to maintain the listing of Trine\u2019s securities on the New York Stock Exchange, (x) the price of Trine\u2019s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which Desktop plans to operate, variations in performance across competitors, changes in laws and regulations affecting Desktop\u2019s business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, and (xii) the risk of downturns in the highly competitive additive manufacturing industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of Trine\u2019s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, the registration statement on Form S-4 and proxy statement\/consent solicitation statement\/prospectus discussed below and other documents filed by Trine from time to time with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d). These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Desktop and Trine assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither Desktop nor Trine gives any assurance that either Desktop or Trine will achieve its expectations.\n<\/p>\n Additional Information and Where to Find It<\/b><\/p>\n \nThis document relates to a proposed transaction between Desktop and Trine. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. In connection with the proposed transaction, Trine filed a registration statement on Form S-4, which included a proxy statement of Trine, a consent solicitation statement of Desktop and a prospectus of Trine that was send to Trine and Desktop stockholders on November 10, 2020. Trine also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of Trine are urged to read the registration statement, the proxy statement\/consent solicitation statement\/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.\n<\/p>\n \nInvestors and security holders may obtain free copies of the proxy statement\/consent solicitation statement\/prospectus and all other relevant documents filed or that will be filed with the SEC by Trine through the website maintained by the SEC at www.sec.gov.<\/a> In addition, the documents filed by Trine may be obtained free of charge from Trine\u2019s website at www.trineacquisitioncorp.com<\/a> or by written request to Trine at Trine Acquisition Corp., 405 Lexington Avenue, 48th Floor, New York, NY 10174.\n<\/p>\n Participants in Solicitation<\/b><\/p>\n \nTrine and Desktop and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Trine\u2019s stockholders in connection with the proposed transaction. Additional information regarding the interests of those persons and other persons who may be deemed participants in the proposed transaction may be obtained by reading the proxy statement\/consent solicitation statement\/prospectus regarding the proposed transaction. You may obtain a free copy of these documents as described in the preceding paragraph.\n<\/p>\n No Offer or Solicitation<\/b><\/p>\n \nThis communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201125005594\/en\/<\/a><\/span><\/p>\n For Trine Acquisition Corp. For Desktop Metal Investor Relations KEYWORDS:<\/b> Massachusetts United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Technology Finance Engineering Banking Professional Services Manufacturing Software Hardware Consumer Electronics<\/p>\n
\nDesktop Metal, a leader in mass production and turnkey additive manufacturing solutions, announced today it will present at the Credit Suisse 8th Annual Virtual Industrials Conference. Members of management will present Wednesday, December 2, at 3:50 p.m. ET. A webcast of the event will be available at the link HERE<\/a>.\n<\/p>\n<\/p>\n
\n<\/b>
Pierre Henry
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phenry@trineacquisitioncorp.com<\/a><\/p>\n
\n<\/b>
Lynda McKinney
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press@desktopmetal.com<\/a><\/p>\n
\n<\/b>
Mike Callahan \/ Tom Cook
\n
DesktopMetalIR@icrinc.com<\/a><\/p>\n
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