Bloomberg: BASF-Backed 3D Printer Essentium to Go Public Via SPAC Merger

| The Essentium Team

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– Combined company to have enterprise value of $974 million

– Essentium in talks to provide products to the U.S. Air Force

Essentium, Inc., a provider of industrial 3D printing solutions, has agreed to go public through a merger with blank-check firm Atlantic Coastal Acquisition Corp.

The transaction gives the combined company an enterprise value of $974 million, according to a statement, which confirmed an earlier Bloomberg News report.

Read More: Bloomberg

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