- SPACs
- Trine Acquisition Corp.
Trine Acquisition Corp.
Completed 2020-12-09- CIK 1754820
- TRNE
- Now DM
- IPO 2019-03-18
- $305M trust
- 704 filings
Filings, by quarter
704 filings over 30 quarters; dark 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 Q1
- Completed 20 Q4
Successfully merged with Desktop Metal, Inc. • Now trading as DM
SPAC Overview
$261M
IPO Size
$305M
Trust (as of 2020-09-30)
Completed
Current Status
2019
IPO Year
Timeline Progress
- Registration2018-12-13 Filed S1
- IPO2019-03-18 IPO, search begins
- Definitive Agreement2020-01-15 Agreement for merger
- Completed2020-12-09 Merger Completed
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
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
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.