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Nano Dimension’s Chairman and CEO on The Falsity of Murchinson’s Shareholder Meeting

Nano Dimension Ltd. (Nasdaq: NNDM) released a video by CEO Yoav Stern addressing the invalidity of a shareholder vote initiated by Murchinson Ltd. The company asserts that the results of this vote are false.

(Moderate)

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Rhea-AI Summary

Nano Dimension Ltd. (Nasdaq: NNDM) released a video by CEO Yoav Stern addressing the invalidity of a shareholder vote initiated by Murchinson Ltd. The company asserts that the results of this vote are false. Nano Dimension specializes in Additively Manufactured Electronics and multi-dimensional 3D printing technologies. The firm aims to revolutionize electronics manufacturing through environmental sustainability and efficiency, serving over 2,000 clients across diverse sectors, including aerospace and medical technology. For further details, visit their official website.

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Positive

  • Nano Dimension emphasizes its commitment to sustainability and efficiency in manufacturing.
  • The company serves over 2,000 clients across various sectors, indicating strong market presence.

Negative

  • The company faces challenges regarding shareholder trust due to the disputed vote.
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News Market Reaction – NNDM

The recorded move for NNDM in the trading session of this news was -6.30%.

Data tracked by StockTitan Argus. Session date unavailable.

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An Explanation on Why The Meeting and Therefore The Vote Were Invalid

Waltham, Mass., March 22, 2023 (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, released a video in which Yoav Stern, Chairman and Chief Executive Officer of the Company, explains the falsity of the shareholder vote called by Murchinson Ltd. (“Murchinson”) and how its results are invalid.

Click here to watch the video: https://youtu.be/9TwzXSsKAsA

A series of other videos are also available on Nano Dimension’s YouTube channel: https://www.youtube.com/@NanoDimension.

About Nano Dimension

Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices - on demand, anytime, anywhere

Nano Dimension’s strategy is driven by the application of deep learning based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty polymers based applications - from millimeters to several centimeters in size with micron precision.

Through the integration of its portfolio of products, Nano Dimension is offering the advantages of rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, which is all unleashed with the limitless possibilities of additive manufacturing.

For more information, please visit www.nano-di.com.

NANO DIMENSION INVESTOR RELATIONS CONTACT

Investor Relations | ir@nano-di.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Nano Dimension announce regarding the shareholder vote on March 22, 2023?

Nano Dimension announced that the shareholder vote called by Murchinson Ltd. is invalid.

Who explained the invalidity of the shareholder vote for Nano Dimension?

Yoav Stern, CEO of Nano Dimension, explained the invalidity in a video.

What is the stock symbol for Nano Dimension?

The stock symbol for Nano Dimension is NNDM.

What kind of technologies does Nano Dimension specialize in?

Nano Dimension specializes in Additively Manufactured Electronics and multi-dimensional 3D printing technologies.

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