Shapeways Announces Definitive Agreement to Sell Software Assets [Yahoo! Finance]
Shapeways Holdings, Inc. (SHPW)
Company Research
Source: Yahoo! Finance
fast-growing digital manufacturing industry, today announced that it has entered into an asset purchase agreement in connection with the sale of its software business to OTTO dms, Inc., an entity wholly-owned by Shapeways' Chief Executive Officer, Greg Kress and the Executive of Shapeways' software business unit, Greg Rothman. As previously disclosed, the Company has been working with advisors while considering strategic alternatives, and is actively taking steps to sell a material portion of the Company's assets. In the course of market checks conducted by the Company's advisors and preliminary discussions with potential purchasers, the Company has received indications of interest to acquire either its manufacturing business or software business, but not both together. Based on that feedback, the Shapeways Board of Directors formed an independent Special Committee to oversee the divestment or liquidation of the Company's software business. The Special Committee engaged outside ad
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SHPW
News
- Shapeways Announces Definitive Agreement to Sell Software AssetsGlobeNewswire
- Shapeways Holdings, Inc. (NYSE: SHPW) had its price target lowered by analysts at Needham & Company LLC from $4.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Shapeways Holdings, Inc. (NYSE:SHPW) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Shapeways Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]Yahoo! Finance
- Shapeways Reports Fourth Quarter and Full Year 2023 ResultsGlobeNewswire
SHPW
Sec Filings
- 5/15/24 - Form NT
- 5/7/24 - Form 8-K
- 4/16/24 - Form 10-K/A
- SHPW's page on the SEC website