Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. Its flagship product is the proprietary DragonFly lights-out digital manufacturing (LDM) system, a precision system that produces professional multilayer circuit-boards, radio frequency antennas, sensors, conductive geometries, and molded connected devices for prototyping through custom additive manufacturing. The company also provides nanotechnology based conductive and dielectric inks; and DragonFly and Switch software to manage the design file and printing process. It markets and sells products and services to companies that develop products with electronic components, including companies in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries, as well as research institutes. The company was founded in 2012 and is headquartered in Ness Ziona, Israel.
IPO Year:
Exchange: NASDAQ
Website: nano-di.com
6-K - Nano Dimension Ltd. (0001643303) (Filer)
6-K - Nano Dimension Ltd. (0001643303) (Filer)
6-K - Nano Dimension Ltd. (0001643303) (Filer)
6-K - Nano Dimension Ltd. (0001643303) (Filer)
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6-K - Nano Dimension Ltd. (0001643303) (Filer)
6-K - Nano Dimension Ltd. (0001643303) (Filer)
6-K - Nano Dimension Ltd. (0001643303) (Filer)
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6-K - Nano Dimension Ltd. (0001643303) (Filer)
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Court's Decision Rejects Nano's Shameless and Desperate Attempt to Disenfranchise Shareholders By Claiming ADS Holders Have No Rights Murchinson is Pleased with the Court's Ruling and Will Continue its Efforts to Improve Nano's Broken Corporate Governance, Halt the Pattern of Hypocritical Actions and Protect All Shareholders' Interests Through Current Proxy Contest Murchinson Urges Nano's Board to Comply with the Court's Decision Immediately and Avoid Costly Legal Maneuvers or Other Attempts to Evade Implementing What Shareholders Voted For Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, "Murchinson" or "we"), a significant shareholder with a
Revenue $14.9M, Up 22% from the Same Period in 2023 Announced Two Transformational M&A Agreements in Q3/24 Alone – With Desktop Metal and Markforged Gross Margin Higher48.2% in Q3/2024, Up 4.0% From Q3/2023 46.6% in the First Nine Months of 2024, Up 2.6% From the Same Period in 2023 Adjusted Gross Margin Higher50.5% in Q3/2024, Up 2.5% From Q3/2023 Net Cash Burn Reduced Substantially$3M in Q3/2024, Down From $16M in Q3/2023 – a Decrease of 80% The Company Continues to Urge Shareholders to Vote by December 1st, 2024 for Upcoming Annual General Meeting to Protect This Continued Success Conference Call to be Held Today at 9:00 a.m. ET WALTHAM, Mass., Nov. 20, 2024 (GLOBE NEWSWIRE) --
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 signific
Deadline is Fast Approaching on Sunday, December 1st, 2024, at 11:59 p.m. ET Shareholders Should Call Their Brokers Today to Ensure Their Vote is Counted To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano" or the "Company"), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printing solutions, today reminded shareholders that the final deadline to vote at the Company's 2024 Annual General Meeting ("Annual Meeting") is 11:59 p.m. ET on Sunday, December 1st, 2024. Nano's Board of Directors urges the Company's shareholde
Waltham, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension" or the "Company")), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printers, announced today that it will release its financial results for the third quarter of 2024 before the Nasdaq market opens on Wednesday, November 20th, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on November 20th, 2024, at 9:00 a.m. ET, t
Believes Yoav Stern's Silence is Deafening 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 the following statement: "Recent media reports have revealed facts suggesting questionable relationships between Nano's leadership and affiliates of a sanctioned Russian oligarch, further calling into question the Board's judgment and governance.1,2 Despite this reporting, CEO Yoav Stern and the Board have remained silent. Shareholders deserve answers and clarifications: Do Mr.
Intends to vote FOR shareholder nominees and AGAINST re-election of incumbents, including Nano Dimension CEO Yoav Stern Intends to vote FOR shareholder proposal to declassify Nano Dimension Board of Directors Intends to vote AGAINST CEO Stern's egregious compensation package TORONTO, Nov. 15, 2024 /PRNewswire/ -- Anson Advisors Inc. and Anson Funds Management LP, the co-investment advisers of several investment funds (collectively, the "Anson Funds"), the largest shareholder of Nano Dimension Ltd. ("Nano Dimension" or the "Company") (NASDAQ:NNDM), today announced its intention to vote FOR all shareholder nominees and a shareholder proposal to declassify the Board of Directors at Nano Dimensi
Sets the Record Straight by Providing the Facts Regarding Nano's Underperformance, Failed Capital Allocation Strategy, Dilutive M&A and Worst-in-Class Corporate Governance Corrects Distortions and Misrepresentations in Nano's Recent Public Materials Regarding Murchinson's Intentions and Nominees' Skills and Experience Urges Shareholders to Elect Murchinson's Highly Qualified and Fully Independent Nominees – Ofir Baharav and Robert Pons – to Finally End the Status Quo of Value Destruction 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 Di
Nano Dimension is Successfully Executing a Disciplined and Focused Value Creation Strategy, Delivering on Key Milestones Along its Path to Profitability Board and Management Team Led Two Transformational M&A Transactions Over the Past Year That are Set to Drive ROI for Shareholders Murchinson's Self-Serving Campaign is an Attempt to Paralyze Nano's Strategy and Derail its Progress at the Expense of Other Shareholders Nano Urges Shareholders to Protect Their Investment and Vote "FOR" Nano's Proposals Act Fast – Voting Cut-Off Sunday, December 1st, 2024, at 11:59 p.m. ET To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Nano Dimension
Change is Needed Now to Address Nano's Ongoing Value Destruction, Dilutive M&A, Misallocation of Capital and Worst-in-Class Corporate Governance Urges Shareholders to Support Murchinson's Proposals and Elect Ideally Qualified Nominees Ofir Baharav and Robert Pons at the 2024 Annual Meeting Shareholders Can View and Download the Presentation Here 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 presentation detailing the urgent need for change in Nano's boardroom. Murch
Institutional Shareholder Services Recommends That Desktop Metal's Shareholders Vote For the Company's Proposals Merger Agreement Announced July 3rd, 2024 For Nano Dimension to Acquire Desktop Metal "Likely the Best Available at the Time" Based on the Sales Process and "the Implied Valuation Appears Fair" Desktop Metal's Shareholders Should Vote No Later Than 11:59 pm ET on October 1st Waltham, Mass, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or "Nano") and Desktop Metal, Inc. (NYSE:DM) ("Desktop Metal" or "DM") today jointly announced that Institutional Shareholder Services ("ISS"), a leading proxy advisory firm, has recommended th
Appointment Adds a Diverse Perspective asan Experienced Executive, Diplomat, Politician and Author Combines Years of Leadership Knowhow as a Commercial CEOas well as Advisor & International Relations Expert Waltham, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printing solutions, today announced that Ambassador Georgette Mosbacher is joining its Board of Directors (the "Board"). Ambassador Mosbacher is the former Chairman and Chief Executive Officer of Borghese, Inc.,
Considering the Expansion and Extension of Israel's War Against Terrorism, The December 2023 EGM Has Been Cancelled The Company Has Chosen to Focus Its Reduced Financial and Operational Personnel on Completing an Expected Strong Quarter Which Is Projected to Make 2023 the Best Year of the Company Waltham, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension", "Nano", or the "Company"), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printing solutions, today announced that, in light of the ongoing war between Israel and the Hamas terrorists (the
Former Commanding General of U.S. Army Forces Command, Currently a Textron Director Waltham, Mass., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, today announced that 4-Star General (Ret.) Michael X. Garrett has been appointed as a member of its Board of Directors, effective as of October 15th, 2023. General Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command ("FORSCOM"), th
The Company's Chairman, CEO, and Other Leaders Will Be In Attendance Investors Should Register With ThinkEquity to Join Waltham, Mass., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension", "Nano", or the "Company"), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printing solutions, today announced its participation in The ThinkEquity Conference, which will take place on October 19th, 2023 at The Mandarin Oriental Hotel in New York. The ThinkEquity Conference will gather industry insiders, investors and leading executives for a full day of company presenta
Nano Dimension's Voice Against Desktop Metal Merger Is Amplified with Similar Messages From Fellow Shareholder and Respected Independent Advisors With Expertise on the Matter Stratasys-Desktop Metal Deal Will be Highly Dilutive, Requiring Stratasys to Pay a Premium and Provide Financial Support to Desktop Metal While Offering Limited Upside Stratasys Shareholders Would Forgo Profitability and Financial Flexibility Stratasys Board Also Engages in Governance Malpractice in Approving a Deal to Issue Shares at Less Than Half the Price of the Prior All-Cash Offer, Which They Rejected Waltham, Mass., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NAS
Glass Lewis Adds its Support for Nano's Nominees, Further Validating ISS's Recommendation Nano Encourages Shareholders to Protect Their Investment and Vote "FOR" Nano's Highly Qualified Nominees Nano Encourages Shareholders to Vote NOW, ahead of the voting deadline at 11:59pm ET on August 30, 2023, to Ensure Their Vote Is Counted! To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension", "Nano" or the "Company"))), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printer, today announced that Glass, L
ISS Acknowledges Murchinson Has Made a Case for Change at Nano, Highlighting the Market's Lack of Faith in Company's Strategy and "Significant Concerns Regarding the Governance Structure and Independence of the Board" While ISS Recommends Removing Specific Current Nano Directors and Waiting for the Outcome of Litigation to Enforce March Meeting Results, Murchinson Believes More Certain and Significant Change is Needed Now Before Further Value Destruction Can Occur Murchinson Believes That This ‘Roll the Dice' Approach Does a Deep Disservice to Investors and Would Effectively Reward the Company for Its Casual Attitude Towards Disenfranchising Shareholders Murchinson Recently Learned Th
Nano's Highly Qualified Board is Critical to the Company's Success and Driving Long-Term Value for ALL Shareholders Murchinson's Self-Serving Campaign is a Blatant Attempt to Obtain Nano's Cash Reserves Without Paying Full Value to Shareholders, While Elevating its Profile as an "Activist" Nano Urges Shareholders to Protect Their Investment and Vote "FOR" All 9 of Nano's Highly Qualified Nominees To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension", "Nano" or the "Company"))), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional pol
Highlights Entrenchment Tactics Taken by the Board Before and Following March Special Meeting Where Shareholders Overwhelmingly Supported Murchinson's Case for Change – Including the Removal of CEO and Chairman Yoav Stern From the Board Puts Forward Proposals to Improve Company's Failed Corporate Governance by Seeking to Remove All Current Directors and Appoint Five New, Experienced and Independent Nominees Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, "Murchinson" or "we"), a significant shareholder with approximately 5.9% of the outstanding shares of Nano Dimension Ltd., a company incorporated in Israel (NASDAQ:NNDM) ("Nano Dimension" or th
Revenue $14.9M, Up 22% from the Same Period in 2023 Announced Two Transformational M&A Agreements in Q3/24 Alone – With Desktop Metal and Markforged Gross Margin Higher48.2% in Q3/2024, Up 4.0% From Q3/2023 46.6% in the First Nine Months of 2024, Up 2.6% From the Same Period in 2023 Adjusted Gross Margin Higher50.5% in Q3/2024, Up 2.5% From Q3/2023 Net Cash Burn Reduced Substantially$3M in Q3/2024, Down From $16M in Q3/2023 – a Decrease of 80% The Company Continues to Urge Shareholders to Vote by December 1st, 2024 for Upcoming Annual General Meeting to Protect This Continued Success Conference Call to be Held Today at 9:00 a.m. ET WALTHAM, Mass., Nov. 20, 2024 (GLOBE NEWSWIRE) --
Waltham, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension" or the "Company")), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printers, announced today that it will release its financial results for the third quarter of 2024 before the Nasdaq market opens on Wednesday, November 20th, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on November 20th, 2024, at 9:00 a.m. ET, t
Nano Dimension is Successfully Executing a Disciplined and Focused Value Creation Strategy That is Driving Future Value for ALL Shareholders Board and Management Team Led Transformational M&A, Financial and Operational Improvements and Governance Enhancements Over Past Year Murchinson Once Again Seeking to Take Control of Nano Through a Series of Proposals That Would Paralyze the Company's Strategy Nano Dimension Urges Shareholders to Vote "FOR" Nano Dimension's Proposals at the Annual General Meeting to be Held on Friday, December 6th, 2024 Act Fast – Voting Cut-off is on Sunday, December 1st, 2024, at 11:59 p.m. ET To Learn More Visit: www.ProtectingNano
Merging of Nano Dimension with Desktop Metal and Markforged Will Have the Scale and Capital to Drive to Profitable Expansion With a Combined 2023 Revenue of $340M Cash & Cash Equivalents Expected at Close of ~$475M The Combined Company Further Increases Value Creation Opportunity With an Even Broader AM/3D Printing Portfolio Technologies Intended for True Manufacturing Applications Nano Dimension and Markforged to Hold Joint Investor Call to Discuss the Transaction Tomorrow, Thursday, September 26th, at 8:30 AM ET WALTHAM, Mass., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension") and Markforged Holding Corporation (NYSE:MKFG) ("Markforged") today jo
Best Quarter in Nano Dimension's History Continued Improvement in Financial Strength and Transformational M&A Transaction Quarterly Revenue Sets Record at $15.0 MillionUp 2% from Q2/2023 Gross Margin Improvement of 136 bps45.4% in Q2/2024, Up From 44.1% in Q2/2023 Adjusted Gross Margin Improvement of 75 bps48.1% in H1/2024, Up From 47.3% in H1/2023 Company Reduces Net Cash Burn by 69%$18M in H1/2024, Down From $58M in H1/2023 Definitive Agreement Announced to Acquire Desktop Metal Following Quarter EndCreating a Leader in Additive Manufacturing Conference Call to be Held Today at 9:00 a.m. EDT WALTHAM, Mass., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (N
Waltham, Mass., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension" or the "Company"))), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printers, announced today that it will release its financial results for the second quarter of 2024 before the Nasdaq market opens on Tuesday, August 20th, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer and Chief Operating Offcier, and Mr. Julien Lederman, VP of Corporate Development, of Nano Dimension will host a conference call on August 20th, 2
Well-Capitalized Combined Company with Strong Financial Profile and 2023 Revenue of $246M, 28% from Recurring Revenue Poised for Significant Value Creation from Complementary Product Offerings and Deeper Diversified Global Customer Penetration Focus on Reaching Profitability and Capitalizing on Growth Potential Through Greater Scale as Industry Continues Shift to AM Designed-for-Manufacturing Applications Companies to Hold Joint Investor Call to Discuss Transaction Today, Wednesday, July 3rd at 8:30 AM ET Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or "Nano") and Desktop Metal, Inc. (NYSE:DM) ("Desktop Metal") today jointly announced that they have entered into a definitive
Well-Capitalized Combined Company with Strong Financial Profile and 2023 Revenue of $246M, 28% from Recurring Revenue Poised for Significant Value Creation from Complementary Product Offerings and Deeper Diversified Global Customer Penetration Focus on Reaching Profitability and Capitalizing on Growth Potential Through Greater Scale as Industry Continues Shift to AM Designed-for-Manufacturing Applications Companies to Hold Joint Investor Call to Discuss Transaction Today, Wednesday, July 3rd at 8:30 AM ET WALTHAM and BOSTON, Mass., July 03, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or "Nano") and Desktop Metal, Inc. (NYSE:DM)
Gross Margin Improvement of 235 bps46.2% in Q1/2024, Up From 43.9% in Q1/2023Adjusted Gross Margin Improvement of 265 bps49.8% in Q1/2024, Up From 47.1% in Q1/2023 "Reshaping Nano Initiative" Taking Effect with 75% Improvement in Net Cash Burn$7.0M in Q1/2024, Compared to $27.4M in Q1/2023 Outstanding Shares Reduced by 15% to 219 Million, Over the Last 15 Months Strong Capital Position and Cash Management Keeps Company On Previously Announced Path of Net Cash Burn for 2024 to be $12-20M Conference Call to be Held Today at 9:00 A.M. EDT WALTHAM, Mass., June 03, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension" or the "Company"))), an industry leader in Additi
Participants Are Welcome to Listen June 3rd at 9:00 am ET Waltham, Mass., May 13, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM, "Nano Dimension" or the "Company"))), a leading supplier of Additively Manufactured Electronics ("AME") and multi-dimensional polymer, metal & ceramic Additive Manufacturing ("AM") 3D printers, announced today that it will release its financial results for the first quarter of 2024 before the Nasdaq market opens on Monday, June 3rd, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr. Tomer Pinchas, Chief Financial Officer & Chief Operating Officer, and Mr. Julien Lederman, VP of Corporate Development, of Nano
Gainers SMX (Security Matters) (NASDAQ:SMX) shares rose 23.6% to $0.14 during Thursday's pre-market session. The company's market cap stands at $5.7 million. Nano Dimension (NASDAQ:NNDM) shares moved upwards by 10.64% to $2.39. The company's market cap stands at $523.9 million. LeddarTech Holdings (NASDAQ:LDTC) shares moved upwards by 7.36% to $1.02. The company's market cap stands at $30.0 million. Inuvo (AMEX:INUV) shares increased by 7.01% to $0.27. The company's market cap stands at $37.8 million. Research Frontiers (NASDAQ:REFR) shares rose 6.52% to $1.96. The market value of their outstanding shares is at $65.6 million. Presto Automation (NASDAQ:PRST) stock rose 6.28% to $0.08. T
Nano Dimension Ltd. (NASDAQ:NNDM) shares traded higher on Wednesday after the company announced preliminary second-quarter results and a strategic acquisition of Desktop Metal. What Happened: Nano Dimension said it expects to report consolidated revenues of approximately $14.8 million for the second quarter, marking an 11% increase from the previous quarter. The strong sales performance reflects the success of the Reshaping Nano Initiative, with further details expected when the full results for the quarter ended June 30 are published. See Also: What Happened With Tesla’s Chinese Rival Li Auto Shares Today? What Else: Nano Dimension also announced that it entered into an agreeme
Desktop Metal, Inc. (NYSE:DM) shares are trading higher after it inked a definitive deal with Nano Dimension Ltd. (NASDAQ:NNDM), under which, Nano Dimension will fully acquire Desktop Metal in an all-cash deal at $5.50 per share. The deal offers a 27.3% premium over Desktop Metal’s closing price and a 20.5% premium over the 30-day VWAP as of July 2, 2024, totaling approximately $183 million. The purchase price can be adjusted based on certain assumptions. If the deal extends into 2025, Nano Dimension will provide Desktop Metal a $20 million secured loan facility. Any draw on this facility before closing could adjust the purchase price by up to $0.80 per share. If all adjustments are ma
-Reuters
Nano Dimension Ltd (NASDAQ:NNDM) reported fiscal first-quarter revenues of $13.36 million, down by 10.7% year-on-year. The decrease is attributed to decreased sales of the company’s product lines. Adjusted gross margin improved by 265 bps to 49.8% courtesy of the company’s pricing of its sophisticated hi-tech products. EPS loss of $0.15 was down from $0.09 profit last year. Operating loss in the quarter under review totaled $18.97 million versus a loss of $31.20 million last year. Net loss for the quarter attributable to owners was $34.77 million, compared to net income of $22.22 million a year ago. Nano Dimension held $793.08 million in cash and equivalents as of March-end