<div id="readability-page-1">DMC Global (NASDAQ:BOOM) +10.4% pre-market Monday after acknowledging receipt of a non-binding proposal from Steel Connect to acquire all outstanding common shares for $10.18/share in cash. Steel Connect, which owns a 9.9% stake in DMC Global (NASDAQ:BOOM), delivered the proposal, according to an SEC filing on Friday; the $10.18 offer represents a ...</div>

STCN

BOOM

<p>DMC Global's stock rose by 10.4% in pre-market trading after the company confirmed it received a non-binding acquisition proposal from Steel Connect. Steel Connect, which holds a 9.9% stake in DMC Global, proposed to buy all outstanding shares at $10.18 each in cash, as disclosed in an SEC filing.</p>

DMC Global surges after confirming buyout bid from Steel Connect