Welcome to our dedicated page for Nano Dimension news (Ticker: NNDM), a resource for investors and traders seeking the latest updates and insights on Nano Dimension stock.
Nano Dimension Ltd. reports news about digital manufacturing operations, product-line performance, financial results, and corporate portfolio actions. Company updates commonly reference Markforged, Essemtec, additive manufacturing, surface-mount technology, industrial inkjet printing, and the role of software and materials in its manufacturing systems.
Nano Dimension news also covers strategic alternatives, cost-management actions, shareholder meetings, ADS-related governance matters, and its transition from foreign private issuer reporting to U.S. domestic periodic reporting. Recent corporate updates have included product-line monetization, a limited-duration shareholder rights agreement, and annual meeting results.
Nano Dimension Ltd. (Nasdaq: NNDM) announced a sale of its DragonFly LDM® system to a Pacific Rim Academy of Engineering Physics. This system allows for the rapid production of multi-layered electronic parts using both dielectric and conductive materials. CEO Yoav Stern highlighted the sale as a positive indicator of recovery in the Asia Pacific region post-COVID-19. The company has approximately $425M in cash, positioning it well for future initiatives and M&A opportunities. This contract signifies growing demand for their technology across various industries.
Nano Dimension Ltd. (NNDM) announces a registered direct offering of 33,333,334 American Depositary Shares priced at $7.50 per ADS, aiming to raise approximately $250 million in gross proceeds. The funds will support working capital and strategic opportunities, including potential business combinations. The offering is expected to close around December 30, 2020, pending customary conditions. ThinkEquity acts as the sole placement agent. This offering is conducted under an effective shelf registration statement with the SEC.
Nano Dimension Ltd. (Nasdaq: NNDM) has successfully closed a registered direct offering of 30,000,000 American Depositary Shares for $6.00 each, garnering approximately $180 million in gross proceeds. The net proceeds will be allocated for working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. ThinkEquity acted as the sole placement agent. This offering was executed under an effective shelf registration previously filed with the SEC, ensuring compliance with securities laws.
Nano Dimension (Nasdaq: NNDM) announced a registered direct offering of 30,000,000 American Depositary Shares (ADSs) at $6.00 each, with expected gross proceeds of approximately $180 million. The funds will be utilized for working capital, general corporate purposes, and potential strategic opportunities, including business combinations. The offering is expected to close around December 9, 2020, subject to customary closing conditions. ThinkEquity is the sole placement agent for the offering. The offering is being conducted under an effective shelf registration statement with the SEC.
Nano Dimension Ltd. (Nasdaq: NNDM) announced significant upgrades by customers to its next-generation DragonFly LDM machines. Since early 2020, 10 additional customers, including U.S. government agencies and major European research organizations, have transitioned from older DragonFly Pro machines. Currently, 66% of Nano Dimension's customers globally use the advanced DragonFly LDM 3D-Printing systems. The new machines enhance operational efficiency, allowing for 24/7 functionality through automatic maintenance features. CEO Yoav Stern highlighted this transition as a validation of customer confidence amidst challenges posed by Covid-19.
Nano Dimension Ltd. (Nasdaq: NNDM) has finalized a registered direct offering of 11,960,160 American Depositary Shares at $5.00 each, raising approximately $60 million in gross proceeds. The funds will be utilized for working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. ThinkEquity served as the sole placement agent for this offering. The transaction was conducted under an effective shelf registration statement, with necessary documentation filed with the SEC.
On November 29, 2020, Nano Dimension Ltd. (NNDM) announced a registered direct offering of 11,960,160 American Depositary Shares at a price of $5.00 each, aiming to raise approximately $60 million. The proceeds will be utilized for working capital and corporate purposes, including potential strategic opportunities. The closing is expected around December 2, 2020. ThinkEquity serves as the placement agent for this offering, which is registered under the U.S. Securities and Exchange Commission regulations.
Nano Dimension Ltd. (Nasdaq: NNDM) announces the completion of a registered direct offering of 25 million American Depositary Shares (ADSs) at $4.00 per ADS, generating gross proceeds of approximately $100 million. The funds will be allocated towards working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. The offering was facilitated by ThinkEquity, a division of Fordham Financial Management, Inc., under an effective shelf registration statement with the SEC.
Nano Dimension Ltd. (NNDM) announced a registered direct offering of 25 million American Depositary Shares (ADSs) priced at $4.00 each, aiming to raise approximately $100 million. The funds will be used for working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. The offering is expected to close around November 23, 2020, and is being facilitated by ThinkEquity. Investors are advised to review the associated prospectus for comprehensive details.
Nano Dimension Ltd. (Nasdaq: NNDM) announced its third-quarter financial results for 2020, reporting revenues of $438,000, a decline from $2,243,000 in Q3 2019, primarily due to COVID-19 delays. The company experienced a net loss of $20,716,000 or $0.45 per share, significantly higher than $4,308,000 in Q3 2019. Despite these results, CEO Yoav Stern maintains an optimistic view, expecting mid-term growth post-COVID, and highlighted that the company has sold 60 machines internationally. Cash reserves increased to $45,720,000 as of September 30, 2020.