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Nano Dimension Ltd. (Nasdaq: NNDM) announced the appointment of Dr. Eli David to its Board of Directors. An AI expert with a focus on deep learning, Dr. David has published over 50 papers and has significant experience with Fortune 500 firms. His expertise is expected to enhance Nano Dimension's AI initiatives in machine learning and next-gen 3D Additively Manufactured Electronics (AME) technology, aimed at improving fabrication processes. CEO Yoav Stern expressed confidence in Dr. David’s contributions to advancing the company’s capabilities in creating High-Performance Electronic Devices (Hi-PEDs).
Nano Dimension (Nasdaq: NNDM) successfully closed a registered direct offering of 35 million American Depositary Shares (ADS) at $9.50 each, raising approximately $332.5 million before fees. The net proceeds will support working capital, general corporate purposes, and strategic opportunities, including potential business combinations. ThinkEquity acted as the sole placement agent. The offering was conducted under an effective shelf registration statement with the SEC, ensuring compliance and transparency.
Nano Dimension Ltd. (NASDAQ: NNDM) announced an upcoming interview with President and CEO Yoav Stern on The RedChip Money Report, which reaches 100 million homes in Europe. The interview will cover Nano's innovative fabrication technology and growth strategies. The RedChip Money Report focuses on small-cap investing and features interviews with executives and analysts. For more details, viewers can access the interview segment online.
Nano Dimension Ltd. (Nasdaq: NNDM) has announced a registered direct offering of 35,000,000 American Depositary Shares (ADSs) at $9.50 each, totaling approximately $332.5 million in gross proceeds. The funds will be used for working capital, general corporate purposes, and pursuing strategic opportunities. The offering is set to close around January 19, 2021, pending customary conditions. ThinkEquity is the sole placement agent for the transaction. Interested parties can find more details in the prospectus supplement filed with the SEC.
Nano Dimension Ltd. (Nasdaq: NNDM) has successfully closed a registered direct offering of 33,333,334 American Depositary Shares (ADSs) at $7.50 each, raising approximately $250 million in gross proceeds. The funds will be allocated to working capital, general corporate purposes, and exploring strategic opportunities, including potential business combinations. The offering was facilitated by ThinkEquity, and no sales will occur in jurisdictions where they are prohibited by law.
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.