Desktop Metal Inc (DM)

[str8_chuter]

No reason for any entity to buy them out when they can simply wait for the bankruptcy filing and then pick up the few valuable pieces for pennies.

DM was a scam from the outset as are nearly all entities that have come public via SPAC or direct listing. The initial SEC filings displayed all the red flags that DM was one to avoid. The filings related to the purchase of Envision Technology alone highlighted the sheer incompetency of DM management.

Expect to read a PR before long that the CEO is stepping down "to pursue other interests".