Banking & Finance  May 24, 2017

DMC Global offers to sell common stock to employees

BOULDER — DMC Global Inc. will offer stock to its employees through the company’s employee stock-purchase plan, according to documents filed Tuesday with the U.S. Securities and Exchange Commission.

DMC Global (Nasdaq: BOOM) is offering up to 250,000 shares of common stock to its employees at $12.75 cents per share. If all the offered shares are purchased, the company would raise $3.2 million. The company’s stock was trading at $13.15 per share mid-day Wednesday.

In its most recent quarterly earnings report that ended March 31, DMC Global posted a loss of $3 million, or 21 cents per share.

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