DMC Global (BOOM) Responds to Steel Connect

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Go back to DMC Global (BOOM) Responds to Steel Connect

DMC Global Responds to Steel Connect

January 27, 2025 3:00 PM EST

BROOMFIELD, Colo., Jan. 27, 2025 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) (DMC or the Company) today responded to Steel Connect, Inc.s (Steel Connect) letter to DMC stockholders.

DMCs board of directors (the Board), consistent with its fiduciary duties, regularly engages with third parties, including Steel Connect, that express interest in DMC and its businesses.

Steel Connect has been afforded access to essentially the same information on substantially the same basis as other third parties that have engaged with the Company. After commencing discussions regarding a non-disclosure agreement... More