Murchinson Sends Letter to Nano Dimension Shareholders Highlighting the Collective Opportunity to Add Independent Perspectives to Nano's Boardroom
Underscores This Campaign is About Electing Directors That Are Unquestionably Independent and Better Qualified Than the Incumbent Directors Up for Re-election
Emphasizes the Company's Track Record of Dilutive M&A and Failed Capital Allocation Under the Current Board
Believes the Board's Failure to Oversee Management Has Destroyed Shareholder Value and Created Risk
Urges Shareholders to Vote FOR Murchinson's Experienced and Independent Nominees, Ofir Baharav and Bob Pons, Before November 27th to Ensure Votes Are Counted Prior to the Cut-Off of Electronic Voting
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 issued a letter to fellow shareholders highlighting the value destruction, failed capital allocation and worst-in-class corporate governance under the current Board of Directors.
The full text of the letter is available at www.SaveNanoDimension.com and can be viewed here. Murchinson encourages shareholders to vote by November 27th to ensure their votes are counted. Information on how to vote for Murchinson's nominees is available at www.SaveNanoDimension.com/how-to-vote.
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.
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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. In addition, the information contained herein is being publicly disclosed without prejudice and shall not be construed to prejudice any of Murchinson's rights, demands, grounds and/or remedies under any contract and/or law.
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