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SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Galileo Acquisition Corp.


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NEW YORK, May 4, 2021 /PRNewswire/ Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated 
Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating
 Galileo Acquisition Corp. ( GLEO or the Company ) (GLEO) relating to its proposed merger with Shapeways, Inc. Under the terms of the agreement, GLEO will acquire Shapeways through a reverse merger, with Shapeways emerging as a publicly traded company.
The investigation focuses on whether Galileo Acquisition Corp. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued. ....

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3D printing marketplace Shapeways set for SPAC – TechCrunch


3D-printing marketplace Shapeways set for SPAC
Shapeways this morning confirmed earlier reports that it has entered into a deal to go public via SPAC. The model, which has become increasingly popular among tech companies in the past year, has already been taken up by a number of fellow 3D-printing companies, including Markforged and Desktop Metal.
“Our vision to enable anyone to rapidly transform digital designs to physical products is reaching a significant milestone today as we transition Shapeways into a public company,” CEO Greg Kress said in a release tied to the news. “We have been successfully executing on our vision, and this capital will allow us to empower digital manufacturing at scale, accelerating Shapeways’ additive manufacturing capabilities while expanding the Company’s material and technology offerings to more markets and industries.” ....

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(GLEO), Amazon.com, Inc. (NASDAQ:AMZN) - Shapeways Lands SPAC Deal, Announces Desktop Metal Partnership


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Seeking to grow with Industry 4.0, digital manufacturing company Shapeways is going public in a SPAC deal announced Wednesday morning. 
The SPAC Deal: Shapeways, an end-to-end digital manufacturing company, announced a SPAC deal with
Galileo Acquisition Corp (NYSE: GLEO).
The deal values Shapeways at an enterprise value of $410 million. Included in the PIPE for the deal is additive manufacturing company
Desktop Metal Inc (NYSE: DM), which also went public via SPAC merger.
Current Galileo Acqusition shareholders will own 23% of the company if the merger is approved. 
About Shapeways: The system created by Shapeways increases production speed and lowers costs. Shapeways transforms printed items into physical products. ....

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