SEC Form SC 13D filed by Desktop Metal Inc.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

(Amendment No. 8) *

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ☐

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

- 2 -

- 3 -

Schedule 13D

This Amendment No. 8 to Schedule 13D amends the Schedule 13D filed on May 30, 2023, as amended by Amendment No. 1 to Schedule 13D filed on June 9, 2023, as amended by Amendment No. 2 to Schedule 13D filed on July 10, 2023, as amended by Amendment No. 3 to Schedule 13D filed on July 24, 2023, as amended by Amendment No. 4 to Schedule 13D filed on August 25, 2023, as amended by Amendment No. 5 to Schedule 13D filed on October 26, 2023, as amended by Amendment No. 6 to Schedule 13D filed on November 17, 2023, as amended by Amendment No. 7 to Schedule 13D filed on January 16, 2024.

This statement relates to the common stock, $0.0001 par value per share (the "Common Stock"), of Desktop Metal, Inc., a corporation organized under the laws of the State of Delaware, with its principal executive offices at 63 Third Avenue, Burlington, Massachusetts 01803.

The Reporting Persons paid $9,654,898 from personal funds to acquire the Common Stock.

The Reporting Persons acquired additional shares of Common Stock.

- 4 -

The Reporting Persons may make additional purchases of Common Stock or other securities of the Issuer, either in the open market or in private transactions, depending on their evaluation of the Issuer’s business, prospects and financial condition, the market for the Common Stock or other securities, other opportunities available to them, general economic conditions, money and stock market conditions, and other future developments. Depending on these same factors, the Reporting Persons may decide to sell all or part of their investment in the Issuer’s Common Stock.

Except as set forth in this document, none of the Reporting Persons has any present plans which relate to or would result in:

The Reporting Persons reserve the right, subject to applicable law, to review or reconsider their position, change their purpose, take other actions (including actions that could involve one or more of the types of transactions or have one or more of the results described in (a) through (j) above, or formulate and implement plans or proposals with respect to any of the foregoing.

- 5 -

Note 1: Price per share is reported except as noted below where multiple purchases were conducted on the same day within a one dollar price range, in which case the weighted average purchase price is reported. The Reporting Persons undertake to provide upon request by the staff full information regarding the number of shares purchased at each separate price.

All of these transactions were effected by the Reporting Persons through Fidelity Investments’ online brokerage.

- 6 -

The following PUT options are outstanding that may be exercised by the purchasers. The obligations to buy are subject to conditions which have not occurred and are beyond the Reporting Persons’ control.

The following Call options are outstanding and may be exercised by the purchasers. The obligations to sell are subject to conditions which have not occurred and are beyond the Reporting Persons’ control.

2/16/2024 Obligation to sell 300,000 $2.00

Exhibit A - Power of Attorney

Exhibit B - Power of Attorney

Exhibit C - Agreement regarding filing of joint Schedule 13D.

- 7 -

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 25, 2024

By: *
Name: Farhad Fred Ebrahimi

By: **
Name: Mary Wilkie Ebrahimi

*By /s/ Brad Nelson
Brad Nelson as Attorney-in-Fact


**By: /s/ Brad Nelson
Brad Nelson as Attorney-in-Fact

*This Schedule 13D was executed by Brad Nelson pursuant to a Power of Attorney referenced in Exhibit A.

**This Schedule 13D was executed by Brad Nelson pursuant to a Power of Attorney referenced in Exhibit B.

- 8 -

EXHIBIT INDEX

Exhibit A - Power of Attorney incorporated by reference to Exhibit A to the Schedule 13D filed on May 30, 2023.

Exhibit B - Power of Attorney incorporated by reference to Exhibit B to the Schedule 13D filed on May 30, 2023.

Exhibit C - Agreement regarding filing of joint Schedule 13D incorporated by reference to Exhibit C to the Schedule 13D filed on May 30, 2023.

- 9 -