DMC Global Acknowledges Non-Binding Proposal from Steel Connect

Core Viewpoint - DMC Global Inc. has received a non-binding proposal from Steel Connect to acquire all outstanding shares of the company for $10.18 per share in cash [1] Group 1: Proposal Details - The proposal is currently under consideration by DMC's board of directors, who will consult with legal and financial advisors [2] - The proposal is subject to further due diligence by Steel Connect, and there is no assurance that a definitive agreement will be executed [3] Group 2: Advisory Information - BofA Securities is acting as the financial advisor to DMC, while Womble Bond Dickinson (US) LLP and Richards, Layton & Finger, P.A. are serving as legal advisors [4] Group 3: Company Overview - DMC Global operates innovative, asset-light manufacturing businesses, providing highly engineered products and differentiated solutions across various markets, including architectural building products, energy, and industrial infrastructure [5]