XJet to go public on NASDAQ via IPO Money & Funding

by Technologies

Israel’s XJet, which develops advanced nanoparticle material jetting technology for 3D printing of metal and ceramic parts, is seeking to raise about between $8 and $12 million from an initial public offering (IPO) of 2,000,000 shares on the Nasdaq. Together with Velo3D, XJet is the first of a new generation of AM hardware companies to go public and also the first one to do so via a “standard” IPO in recent years.

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Essentium terminates plans to go public via SPAC merger Money & Funding

by Technologies

Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) (“Atlantic Coastal”), a special purpose acquisition corporation focused on the future of mobility, has terminated its previously announced business combination agreement with Essentium, Inc., a leading innovator of industrial additive manufacturing solutions, by mutual agreement of all relevant parties. As a result, Atlantic Coastal will seek an alternative business combination.