Trine Acquisition Corp.
Completed 2020-12-09- CIK 1754820
- TRNE
- Now DM
- IPO 2019-03-18
- $305M trust
- 704 filings
Successfully merged with Desktop Metal, Inc. • Now trading as DM
- IPO Size
- $300M
- raised at the IPO
- Trust
- $305M
- as of 2020-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2019
- year it listed
Filings, by quarter
704 filings over 30 quarters; violet bars carry a milestone
- 18 Q4: 1 filing
- 19 Q1: 23 filings
- 19 Q2: 4 filings
- 19 Q3: 1 filing
- 19 Q4: 2 filings
- 20 Q1: 11 filings
- 20 Q2: 1 filing
- 20 Q3: 9 filings
- 20 Q4: 63 filings
- 21 Q1: 31 filings
- 21 Q2: 29 filings
- 21 Q3: 26 filings
- 21 Q4: 30 filings
- 22 Q1: 17 filings
- 22 Q2: 39 filings
- 22 Q3: 13 filings
- 22 Q4: 10 filings
- 23 Q1: 14 filings
- 23 Q2: 69 filings
- 23 Q3: 46 filings
- 23 Q4: 46 filings
- 24 Q1: 37 filings
- 24 Q2: 44 filings
- 24 Q3: 61 filings
- 24 Q4: 27 filings
- 25 Q1: 16 filings
- 25 Q2: 32 filings
- 25 Q3: 1 filing
- 25 Q4: 0 filings
- 26 Q1: 1 filing
- S-1 filed 18 Q4
- IPO 19 Q1
- Definitive agreement 20 Q3
- Completed 20 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Trine Acquisition Corp. is a blank-check company seeking to complete a business combination. It seeks targets in the technology, consumer, media and communications industries, but is not limited to those industries.
Investment Focus
Technology, Consumer, Media, Communications
Key Information
As the filings state it
- IPO Date
- 2019-03-18
- Total Redemptions
- $265K
- PIPE
- $275M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2020-12-09
- Merger Target
- Desktop Metal, Inc.
- SPAC Ticker
- TRNE
- Merged Ticker
- DM
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The management team is led by Chairman and CEO Leo Hindery, Jr., President Ian Gilchrist, and Executive Vice President and General Counsel Mark J. Coleman, who together have over ninety years of experience in transactions, investing, and media and communications operations. The company is also joining forces with HPS, whose TMT growth equity group is represented by Tom Wasserman.