Desktop Metal, a provider of 3D printers and related products, has filed a prospectus for a mixed securities shelf offering of USD 250 million with the Securities and Exchange Commission (SEC).

The offering will include up to USD 75 million worth of common stock and preferred stock, debt securities, and warrants. 

Analyst QuickTake: This news follows a turbulent few months since the company terminated its proposed merger with Stratasys in September last year. This mixed securities offer will enable the company to configure its fundraising strategy for specific market conditions and investor preferences if approved. The company has also taken a number of measures to reduce costs and improve profitability, including the sale of Aerosint SA to the Schaeffler Group in October and laying off 20% of its workforce in January.