Articles from Nano Dimension Ltd.

Recognizes Historical State of Affairs Requiring Change

Waltham, Mass., Dec. 26, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a supplier of Digital Manufacturing solutions, today announced that the board of directors (the “Board”) has appointed Mr. Julien Lederman as Interim Chief Executive Officer (“CEO”) of the Company. Mr. Yoav Stern’s role as CEO has been terminated, effective immediately. The Board is conducting a comprehensive search for a permanent CEO.

Waltham, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a supplier of Additive Manufacturing solutions, today shared its response to a December 20, 2024 lawsuit filed by Desktop Metal, Inc. (NYSEDM) (“Desktop Metal”) against the Company in the Delaware Court of Chancery alleging Nano Dimension has failed to use its reasonable best efforts to obtain regulatory approval in connection with the merger agreement between the parties dated July 2, 2024 (the “Merger Agreement”).  

Waltham, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano” or the “Company”), a supplier of Additive Manufacturing solutions, today announced changes in the composition of its Board of Directors (the “Board”).

The Tarantula Underfill System Recognized at SMTA International 2024 Show in Chicago

Waltham, Mass., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“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 Nano shareholders have voted to elect Mr. Ofir Baharav and Mr. Robert Pons to the Company’s Board of Directors (the “Board”) at its 2024 Annual General Meeting (the “Annual Meeting”) that was held today.

Ataru™ Resin Offers Exceptional High Temperature Tolerance, Durability and Resilience, While Possessing Low-Loss Dielectric Properties

Highlights ISS’ Recognition of the Significant Progress Nano Has Made in Executing its Focused Value Creation Strategy and its Recommendation to Shareholders Vote FOR General (Ret.) Michael X. Garrett’s Re-election

Nano Urges Shareholders to Vote “FOR” ALL of Nano’s Proposals

Court Validates Business Judgement on Strategic Actions Taken by Nano, Including Agreements to Acquire Desktop Metal and Markforged

Deadline is Fast Approaching on Sunday, December 1st, 2024, at 11:59 p.m. ET

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.

Nano Dimension is Successfully Executing a Disciplined and Focused Value Creation Strategy, Delivering on Key Milestones Along its Path to Profitability

Nano’s Board and Management Team Have Delivered on Promises Made: Driving Transformational M&A, Financial and Operational Improvements and Governance Enhancements

Nano is Successfully Executing a Disciplined and Focused Value Creation Strategy to Drive Value for ALL Shareholders

Investors Are Able to View the Presentation Via a Live Stream

Nano Dimension is Successfully Executing a Disciplined and Focused Value Creation Strategy That is Driving Future Value for ALL Shareholders

Opportunity for Shareholders to Support Continuation of the Company’s Strategy That Has Delivered Transformational M&A, Financial and Operational Improvements and Governance Enhancements

With Major Milestone Cleared, Closing of Transaction Expected in the Fourth Quarter, Pending Final Regulatory Approvals

Revenue for the Quarter of $14.7M is 21% Higher Year-Over-Year

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

Institutional Shareholder Services Recommends That Desktop Metal’s Shareholders Vote For the Company’s Proposals

The JV, Established in July 2021, Gets Renewal From Respective Partners Given Success in Increasing Adoption of Additively Manufactured Electronics Technology

Antitrust Milestone Marks Significant Step Towards Deal Closing

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.

Well-Capitalized Combined Company with Strong Financial Profile and 2023 Revenue of $246M, 28% from Recurring Revenue

Revenue of Approximately $14.8 Million – Up 11% From the Previous Quarter

Appointment Adds a Diverse Perspective asan Experienced Executive, Diplomat, Politician and Author

New Technology from its Additive Electronics Product Line Increases Dispensing Speed by Up to 3x with Jet-on-the-fly Capability

The Company’s Global Inkjet Systems (“GIS”) Products Are Integrating to Provide Manufacturers with a Comprehensive, One-Stop-Shop Digital Print Solution

Participants Are Welcome to Listen June 3rd at 9:00 am ET

Experienced Private Sector and National Service Leader

Realized Synergies Reduced Cash Burn by 75% vs. Q1/2023

The Patent Relates to Model Training and Optimization on a Decentralized Networks

Participants Are Welcome to Listen March 21st at 9:00 am ET

The Company Plan for the Buy Back of Up to $200 Million of Shares Recently Commenced at Compelling Valuation Levels, Aiming to Improve Enterprise Value

Training the Model to Learn from Implicit Expression Analysis of Industrial Machine Log Files

The Rights Plan, Which is Effectively a Continuation of the Rights Plan Adopted Last Year, is Intended to Protect ADS Holder Interests

Revenue: * $14.3M for Q4/2023, 18% over Q4/2022* $56.2M for FY 2023, 29% over FY 2022

Waltham, Mass., Dec. 23, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, or “Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today announced that it has submitted a preliminary all cash proposal to the Board of Directors of Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”) to purchase all the outstanding shares of Stratasys that it does not currently own for $16.50 per share in cash, with an ability to increase its price subject to due diligence. This proposal represents a 40% premium from the volume-weighted average Stratasys share price since September 28, 2023, the day that Stratasys announced that its Board of Directors initiated a process to explore strategic alternatives for the Company, including a potential sale.1

New Material, INSU200, is a Dielectric Ink With Leading Thermo-Mechanical Properties

New Material, INSU200, is a Dielectric Ink With Leading Thermo-Mechanical Properties

Conference Call to be Held On the Day at 9:00 AM EST

Considering the Expansion and Extension of Israel’s War Against Terrorism, The December 2023 EGM Has Been Cancelled

The Repurchase Plan Enables Nano to Buy Back its Shares at Compelling Valuation Levels and Drive Shareholder Value

Following Shareholder Feedback and Input from Governance Experts in Reference to the 9/2023 Shareholders’ Meeting:

Former Commanding General of U.S. Army Forces Command, Currently a Textron Director

Vast Majority of the Growth is Organic

Operations Are Running Uninterrupted from its Locations in Israel, the USA, Germany, Switzerland, UK, and the Netherlands

The Company’s Chairman, CEO, and Other Leaders Will Be In Attendance

The Technology was developed by DeepCube, Nano’s In-house Deep Learning-Based AI Group

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

Court’s Consent Allows Company to Continue Executing Buy Back Program

Dr. Yoav Nissan-Cohen to Become Chairman

Desktop Metal Merger Would be Highly Dilutive, Requiring Stratasys to Pay a Premium and Provide Financial Support to Desktop Metal While Offering Limited Upside

Shareholders Vote Convincingly Supports Nano Dimension Leadership, Board and Strategy

 Tomer Pinchas, Current Nano COO and Veteran Finance Professional, to Assume both COO and CFO Roles for the Duration of CFO Yael Sandler’s Maternity Leave

Final Deadline to Vote is 12:00 p.m. ET TODAY – Shareholders Must Call Their Brokers IMMEDIATELY to Ensure Their Vote is Counted!

Deadline is Fast Approaching – Vote by 11:59 P.M. ET on August 30th, 2023, to Ensure Your Vote is Counted

ISS Says Murchinson Lacks Go-Forward Plan and Relevant Industry Experience

Glass Lewis Adds its Support for Nano’s Nominees, Further Validating ISS’s Recommendation

Nano Dimension Highlights Comments From Leading Independent Proxy Advisor Validating the Strength and Growth Trajectory of Nano Dimension’s Business

ISS Confirms that Nano “Has Outperformed Its Peers Over Yoav Stern's Tenure and Continues to Execute on Its Strategic Plan to Grow the Top-line and Pursue Acquisitions to Build Out Its Platform”

Court’s Consent Allows Company to Continue Executing Buy Back Program

Bistricer Accused of Profiting by Violating Public Retail Investors’ Interest and Canadian Securities Law

Nano’s Highly Qualified Board Provides Independent Oversight of the Company’s Strategy for Long-Term Value Creation for ALL Shareholders

Opportunity to Pose Questions Directly to Management via New Investor Engagement Platform

See Video to Hear Directly From The Company’s Leader On What Is At Stake

Shareholders Have Stark Choice: Vote for a Board that Is Building Significant Long-Term Value; Or Turn the Keys Over to a Bad Actor Who Has No Knowledge of the Industry or Ability to Run the Company

The Agreement for 6 Manufacturing Robotics Additive Solutions Goes to a Leading Western Highly Advanced Industrial Leader

This Technology is a Key Enabler for Leveraging the Advantages of Additive Manufacturing and Enhances DeepCube’s Deep Learning Capabilities

Murchinson’s Attempt to Seize Control of the Nano’s Board, Despite No Expertise in the Business and No Plan for the Company, Places Shareholders’ Investment at Grave Risk

Resorted to Paying Cronies $50,000 Each, in Cash1 – For using their Bios Even if they WILL NOT be Elected as Directors

Nano’s Highly Qualified Board is Critical to the Company’s Success and Driving Long-Term Value for ALL Shareholders

As Per Israeli Law, Applied to Court for Approval for Up to That Amount