• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Murchinson Nominates Two Highly Qualified Candidates to Nano Dimension's Board of Directors

    10/28/24 4:05:00 PM ET
    $DM
    $INSG
    $MCK
    $MKFG
    Industrial Machinery/Components
    Technology
    Telecommunications Equipment
    Telecommunications
    Get the next $DM alert in real time by email

    Believes Nano's Ongoing Value Destruction, Worst-In-Class Corporate Governance and Misallocation of Corporate Resources Warrants Urgent Change in Company's Boardroom

    Murchinson's Nominees Would Bring Independent Perspectives and Relevant Experience to Restore Shareholders' Confidence in Leadership, Establish Appropriate Capital Allocation Processes, Hold Management Accountable and Oversee Strategy Development and Implementation

    Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, "Murchinson" or "we"), a significant shareholder with approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano" or the "Company"), today announced it has nominated two director candidates – Robert (Bob) Pons and Ofir Baharav – for election to the Nano Board of Directors (the "Board") at the upcoming 2024 Annual General Meeting of Shareholders (the "2024 Annual Meeting"), scheduled for December 6, 2024.

    In addition to its director nominations, Murchinson has also submitted proposals for inclusion on the agenda for the 2024 Annual Meeting related to amendments and additions to the Company's Articles of Association.

    Murchinson stated:

    "For the past two years, we have been advocating for changes in the Nano boardroom that are critical in order to protect and create long-term shareholder value. In March 2023, Nano shareholders sent a clear message when they voted overwhelmingly at the special general meeting we called in favor of removing CEO Yoav Stern, Oded Gera, Igal Rotem and Yoav Nissan-Cohen from the Board. Despite 85% of voting shareholders voting to remove them, Messrs. Stern, Gera and Nissan-Cohen have refused to recognize these results and depart the Board.

    Since then, Nano has gone to great lengths to ignore this clear desire for change and disenfranchise shareholders, including by manipulating the voting process at last year's annual general meeting of shareholders and weaponizing the legal systems in Israel and the U.S. at shareholders' expense. While we are confident that the merits of our case will prevail, we cannot wait for the Israeli Court's decision. Despite Nano's so-called "refreshment" of the Board, it is clear to us that the problems identified by Murchinson persist and the Board remains subservient to Mr. Stern.

    Nano's Board has demonstrated that it is unable to improve the Company's valuation. The Company's share price is stagnant and the Board, having spent approximately $160 million on share repurchases, appears to have no ideas to improve it.

    The Board has shown that it is incapable of holding management accountable. The proposed compensation package for Mr. Stern, which we find offensive because, among other things, it is misaligned with actual performance, confirms that the Board is not protecting shareholders' interests nor properly overseeing management.

    The Board's actions reveal that it lacks the necessary judgment to use Nano's cash and other resources responsibly. Between the related-party acquisition of DeepCube from two sitting directors at an inflated value in 2021, the overpriced, misguided acquisitions of Desktop Metal, Inc. (NYSE:DM) and Markforged Holding Corp. (NYSE:MKFG), and management's demonstrated inability to integrate acquired businesses and generate synergies, there is compelling evidence that additional independent voices with M&A experience are needed.

    When a publicly traded company is valued at a discount to its cash, shareholders are signaling that they do not believe the company's leadership can create value. This persistent negative enterprise value reveals that the Nano Board either does not care or is not able to convince shareholders otherwise.

    Our experienced and independent nominees are:

    • Robert (Bob) Pons, who has more than four decades of experience as a CEO and senior executive at high-growth technology companies, as well as corporate governance expertise and unique turnaround insights from service on more than sixteen public company boards.
    • Ofir Baharav, who was a Nano Dimension director from 2015 to 2021, including as Chairman from 2019 to 2021, has a career spanning more than two decades in the technology and 3D printing sector, including as VP Product Management of Nano's competitor Stratasys Ltd. (NASDAQ:SSYS), and brings experience in M&A, operational improvements, product development, corporate governance and enhancing shareholder value.

    By electing these nominees, shareholders will be adding independent, objective directors with the right skills and experience to help the Company implement a long-overdue solution to its significant valuation issue and ensure the Company's resources are used to advance shareholders' interests. Importantly, these director candidates are not beholden to Mr. Stern and are committed to acting in accordance with their fiduciary duties at all times.

    We look forward to sharing more with our fellow shareholders in the near-term, including evidence that the Board's priorities are in direct conflict with shareholders' best interests."

    ***

    Biographies of Murchinson's Nominees

    Robert (Bob) Pons

    Mr. Pons has more than four decades of experience as a CEO and senior executive in high-growth companies. He brings significant corporate governance expertise having served on the boards of more than sixteen publicly traded companies. Nano shareholders will benefit from adding his experience as a turnaround specialist to the Board.

    • Served as President and Chief Executive Officer of Spartan Advisors, Inc., a management consulting firm specializing in telecom and technology companies, since 2017.
    • Previously served as Executive Vice President of PTGi-ICS, a wholly owned subsidiary of HC2 Holdings, Inc., a publicly traded holding company operating subsidiaries in infrastructure, telecom, construction, energy, technology, gaming and life sciences.
    • Public boards experience includes roles as Executive Chairman of SeaChange International, Inc. (NASDAQ:SEAC) as well as Director at CCUR Holdings, Inc. (OTCPK: CCUR), Alaska Communications, Inc., Inseego Corp. (NASDAQ:INSG) and MRV Communications, Inc.

    Ofir Baharav

    Mr. Baharav is a seasoned senior executive with a career spanning more than two decades in product development for the technology and 3D printing sector. In his various public company director roles, he has focused on M&A, operational improvements, corporate governance and enhancing shareholder value.

    • Previously served as Chairman of the Nano Dimension Board from 2019 to 2021, and as a director at the Company from 2015 to 2021 (during which period Nano was valued at a premium to its cash). Prior to Nano, from 2014 to 2015, Mr. Baharav was VP, Product Management of Stratasys Ltd. (NASDAQ:SSYS), where he led the turnaround and redesign of Stratasys' flagship product.
    • Currently serves as Chief Executive Officer of Maxify Solutions, Inc., which he founded in 2022 to acquire the assets of Breezer Holdings LLC and SimiGon Inc.; was SimiGon Inc.'s CEO from 2016 to 2022.
    • Founded RelayHealth Corporation in 1999 and served as CEO until it was acquired by McKesson Corp. (NYSE:MCK) in 2006.

    ***

    About Murchinson

    Founded in 2012 and based in Toronto, Canada, Murchinson is an alternative asset management firm that serves institutional investors, family offices and qualified clients. The firm has extensive experience capturing the best returning opportunities across global markets. Murchinson's multi-strategy approach allows it to execute investments at all points in the market cycle with fluid allocation between strategies. Our team targets corporate action, distressed investing, private equity and structured finance situations, leveraging its broad market experience with a variety of specialized products and sophisticated hedging techniques to deliver alpha within a risk-averse mandate. Learn more at www.murchinsonltd.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking information within the meaning of applicable securities laws. In general, forward-looking information refers to disclosure about future conditions, courses of action, and events. All statements contained in this press release that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the use of any of the words "anticipates", "believes", "expects", "intends", "plans", "will", "would", and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations of Murchinson and currently available information. Forward-looking statements are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. Murchinson undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.

    Disclaimer

    The information contained or referenced herein is for information purposes only in order to provide the views of Murchinson and the matters which Murchinson believes to be of concern to shareholders described herein. The information is not tailored to specific investment objections, the financial situations, suitability, or particular need of any specific person(s) who may receive the information, and should not be taken as advice in considering the merits of any investment decision. The views expressed herein represent the views and opinions of Murchinson, whose opinions may change at any time and which are based on analyses of Murchinson and its advisors.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241028374105/en/

    Get the next $DM alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Q&A

    New
    • What does Murchinson identify as the main issues with Nano Dimension Ltd.?

      Murchinson believes that urgent changes in Nano's boardroom are necessary due to ongoing value destruction, weak corporate governance, and mismanagement of resources.

    • Who are the nominees proposed by Murchinson for the Nano Board of Directors?

      Murchinson has nominated Robert (Bob) Pons and Ofir Baharav as independent candidates for the Nano Board of Directors for the upcoming 2024 Annual General Meeting.

    • What are Murchinson's goals with their board nominations for Nano Dimension?

      Murchinson aims to restore shareholder confidence by implementing better capital allocation processes and holding management accountable through independent oversight.

    • What was the outcome of the special general meeting regarding the removal of certain board members at Nano?

      Despite 85% of shareholders voting to remove certain board members, the CEO and others have refused to leave, showing disregard for shareholder sentiment.

    • What concerns does Murchinson raise regarding Nano's financial strategies?

      Murchinson argues that the Nano Board's spending on share repurchases has not improved the company’s valuation and that they have failed to address the ongoing share price stagnation.

    Recent Analyst Ratings for
    $DM
    $INSG
    $MCK
    $MKFG

    CompanyDatePrice TargetRatingAnalyst
    McKesson Corporation
    $MCK
    12/4/2024$630.00Neutral
    Mizuho
    Inseego Corp.
    $INSG
    11/14/2024$13.00 → $15.00Neutral → Buy
    ROTH MKM
    McKesson Corporation
    $MCK
    11/7/2024$531.00 → $688.00Neutral → Outperform
    Robert W. Baird
    McKesson Corporation
    $MCK
    9/24/2024$603.00 → $531.00Outperform → Neutral
    Robert W. Baird
    McKesson Corporation
    $MCK
    9/5/2024$670.00 → $665.00Outperform
    Leerink Partners
    McKesson Corporation
    $MCK
    8/8/2024$540.00 → $570.00Neutral
    Mizuho
    McKesson Corporation
    $MCK
    2/26/2024$600.00Outperform
    Leerink Partners
    Stratasys Ltd.
    $SSYS
    2/13/2024$24.00Overweight
    Cantor Fitzgerald
    More analyst ratings

    $DM
    $INSG
    $MCK
    $MKFG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Mizuho resumed coverage on McKesson with a new price target

      Mizuho resumed coverage of McKesson with a rating of Neutral and set a new price target of $630.00

      12/4/24 7:43:38 AM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • Inseego upgraded by ROTH MKM with a new price target

      ROTH MKM upgraded Inseego from Neutral to Buy and set a new price target of $15.00 from $13.00 previously

      11/14/24 7:37:00 AM ET
      $INSG
      Telecommunications Equipment
      Telecommunications
    • McKesson upgraded by Robert W. Baird with a new price target

      Robert W. Baird upgraded McKesson from Neutral to Outperform and set a new price target of $688.00 from $531.00 previously

      11/7/24 6:29:13 AM ET
      $MCK
      Other Pharmaceuticals
      Health Care

    $DM
    $INSG
    $MCK
    $MKFG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Tyler Brian S. gifted 4,000 shares, decreasing direct ownership by 8% to 47,243 units (SEC Form 4)

      4 - MCKESSON CORP (0000927653) (Issuer)

      6/11/25 2:05:11 PM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • Chief Executive Officer Tyler Brian S. sold $13,673,864 worth of shares (19,370 units at $705.93), decreasing direct ownership by 27% to 51,243 units (SEC Form 4)

      4 - MCKESSON CORP (0000927653) (Issuer)

      6/9/25 3:28:44 PM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • EVP, Chief Strategy & BDO Rodgers Thomas L sold $2,058,912 worth of shares (2,891 units at $712.18), decreasing direct ownership by 53% to 2,544 units (SEC Form 4)

      4 - MCKESSON CORP (0000927653) (Issuer)

      6/2/25 6:40:36 PM ET
      $MCK
      Other Pharmaceuticals
      Health Care

    $DM
    $INSG
    $MCK
    $MKFG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • CEO Sarvikas Juho bought $97,800 worth of shares (10,000 units at $9.78), increasing direct ownership by 8% to 134,347 units (SEC Form 4)

      4 - INSEEGO CORP. (0001022652) (Issuer)

      3/5/25 4:05:10 PM ET
      $INSG
      Telecommunications Equipment
      Telecommunications
    • Executive Chairman Brace Philip G bought $124,000 worth of shares (10,000 units at $12.40), increasing direct ownership by 6% to 177,763 units (SEC Form 4)

      4 - INSEEGO CORP. (0001022652) (Issuer)

      11/18/24 7:56:34 AM ET
      $INSG
      Telecommunications Equipment
      Telecommunications

    $DM
    $INSG
    $MCK
    $MKFG
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $DM
    $INSG
    $MCK
    $MKFG
    SEC Filings

    See more
    • McKesson Corporation Announces First Quarter Fiscal 2026 Earnings Release Date

      McKesson Corporation (NYSE:MCK) will release its first quarter fiscal 2026 financial results after market close on Wednesday, August 6, 2025. The company will host a live webcast of the earnings conference call for investors at 4:30 PM Eastern Time to review its financial results. The live and archived audio webcast will be available on McKesson's Investor Relations website. About McKesson Corporation McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. Our teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products and services to he

      6/26/25 8:00:00 AM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • Nano Dimension Reports First Quarter 2025 Financial Results

      Core Business Revenue of $14.4 Million, 8% Higher Year-Over-Year Conference Call Today at 4:30 PM EDT WALTHAM, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today announced its financial results for the first quarter ended March 31, 2025. The following information does not reflect the results or impact of Desktop Metal, Inc. ("Desktop Metal") or Markforged Holding Corporation ("Markforged") unless stated otherwise, as transactions concerning these companies were completed after the conclusion of the first quarter. First Quarter 2025 Highlights

      6/12/25 4:05:05 PM ET
      $NNDM
      Electrical Products
      Technology
    • Stratasys Launches North American Tooling Center of Excellence with Automation Intelligence, LLC to Deliver Real-World Additive Manufacturing Value

      New Center of Excellence to serve as a catalyst for global expansion of advanced additive tooling solutions for automotive and industrial manufacturers Stratasys Ltd. (NASDAQ:SSYS) today announced the launch of the North American Stratasys Tooling Center (NASTC), a new collaboration with Automation Intelligence, LLC (AI), at AI's manufacturing site in Flint, Michigan. This dedicated tooling hub is designed to assist manufacturers validate and scale practical applications for additive manufacturing in production environments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250611034678/en/Robotic arm that is being used in the ne

      6/11/25 8:15:00 AM ET
      $SSYS
      Computer peripheral equipment
      Technology
    • Amendment: SEC Form SCHEDULE 13D/A filed by Nano Dimension Ltd.

      SCHEDULE 13D/A - Nano Dimension Ltd. (0001643303) (Subject)

      7/3/25 6:54:24 PM ET
      $NNDM
      Electrical Products
      Technology
    • SEC Form DEFA14A filed by McKesson Corporation

      DEFA14A - MCKESSON CORP (0000927653) (Filer)

      7/2/25 4:18:08 PM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • SEC Form 144 filed by Nano Dimension Ltd.

      144 - Nano Dimension Ltd. (0001643303) (Subject)

      7/1/25 9:00:52 AM ET
      $NNDM
      Electrical Products
      Technology

    $DM
    $INSG
    $MCK
    $MKFG
    Leadership Updates

    Live Leadership Updates

    See more
    • Inseego Strengthens Carrier Partnerships with Addition of Two Industry Leaders to Sales Team

      SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (NASDAQ:INSG), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced the appointment of two highly respected industry leaders to its Carrier Sales team. These strategic additions will play a critical role in advancing Inseego's leadership in mobile broadband and enterprise FWA solutions with Tier-1 carrier partners. Both executives join Inseego as Vice Presidents within the Carrier Sales team, bringing decades of industry experience and extensive relationships across the 5G ecosystem. Their combined expertise will be instrumental in expanding and deepening

      5/20/25 8:05:00 AM ET
      $INSG
      Telecommunications Equipment
      Telecommunications
    • Seasoned Wireless Industry Leader George Mulhern Joins Inseego's Board of Directors

      SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (NASDAQ:INSG), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced that it has appointed wireless technology executive George Mulhern to its Board of Directors. Mr. Mulhern has an extensive background in building and leading wireless technology companies, having most recently served as the SVP/Global Business Unit Manager of Ericsson Enterprise Wireless Solutions. Prior to this position, Mr. Mulhern was Chairman and CEO of Cradlepoint, Inc., an innovative provider of cloud-orchestrated, wireless wide-area networking solutions, from 2011 to 2020, where he

      5/5/25 4:10:00 PM ET
      $INSG
      Telecommunications Equipment
      Telecommunications
    • Wireless Industry Veteran Ryan Sullivan Joins Inseego as Senior Vice President of Carrier Product Management

      SAN DIEGO, April 15, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (NASDAQ:INSG), a global leader in wireless broadband, 5G mobile, and fixed wireless access (FWA) solutions, today announced the appointment of Ryan Sullivan as Senior Vice President of Carrier Product Management. With over two decades of experience in wireless and telecommunications, Mr. Sullivan brings a wealth of expertise in product development and engineering, as well as extensive experience in building strategic alignment with service provider needs. His leadership will be instrumental in advancing Inseego's carrier-focused product portfolio and accelerating innovation in mobile broadband and enterprise FWA solutions. Prior

      4/15/25 4:05:00 PM ET
      $INSG
      Telecommunications Equipment
      Telecommunications

    $DM
    $INSG
    $MCK
    $MKFG
    Financials

    Live finance-specific insights

    See more
    • McKesson Corporation Announces First Quarter Fiscal 2026 Earnings Release Date

      McKesson Corporation (NYSE:MCK) will release its first quarter fiscal 2026 financial results after market close on Wednesday, August 6, 2025. The company will host a live webcast of the earnings conference call for investors at 4:30 PM Eastern Time to review its financial results. The live and archived audio webcast will be available on McKesson's Investor Relations website. About McKesson Corporation McKesson Corporation is a diversified healthcare services leader dedicated to advancing health outcomes for patients everywhere. Our teams partner with biopharma companies, care providers, pharmacies, manufacturers, governments, and others to deliver insights, products and services to he

      6/26/25 8:00:00 AM ET
      $MCK
      Other Pharmaceuticals
      Health Care
    • Nano Dimension Reports First Quarter 2025 Financial Results

      Core Business Revenue of $14.4 Million, 8% Higher Year-Over-Year Conference Call Today at 4:30 PM EDT WALTHAM, Mass., June 12, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today announced its financial results for the first quarter ended March 31, 2025. The following information does not reflect the results or impact of Desktop Metal, Inc. ("Desktop Metal") or Markforged Holding Corporation ("Markforged") unless stated otherwise, as transactions concerning these companies were completed after the conclusion of the first quarter. First Quarter 2025 Highlights

      6/12/25 4:05:05 PM ET
      $NNDM
      Electrical Products
      Technology
    • Nano Dimension to Host Q1 2025 Financial Results Conference Call

      Call to Be Held Thursday, June 12 at 4:30 PM EST Waltham, Massachusetts, June 10, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today announced it will host a conference call and webcast to discuss its Q1 2025 financial results for the period ended March 31, 2025.  Date: Thursday, June 12, 2025Time: 4:30 pm ESTListen in via US dial-in: 1-844-695-5517 Listen via international dial-in: 1-412-902-6751Listen and view presentation via webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=uKTBW5Ak Participants are advised to log in at least 10 minutes prior to the call. A replay

      6/10/25 8:00:00 AM ET
      $NNDM
      Electrical Products
      Technology

    $DM
    $INSG
    $MCK
    $MKFG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Stratasys Ltd.

      SC 13G/A - STRATASYS LTD. (0001517396) (Subject)

      11/14/24 6:18:58 AM ET
      $SSYS
      Computer peripheral equipment
      Technology
    • Amendment: SEC Form SC 13G/A filed by Stratasys Ltd.

      SC 13G/A - STRATASYS LTD. (0001517396) (Subject)

      11/13/24 4:30:24 PM ET
      $SSYS
      Computer peripheral equipment
      Technology
    • Amendment: SEC Form SC 13D/A filed by Nano Dimension Ltd.

      SC 13D/A - Nano Dimension Ltd. (0001643303) (Subject)

      11/13/24 11:31:24 AM ET
      $NNDM
      Electrical Products
      Technology