Nano Dimension Stock Price, News & Analysis

Murchinson , holding approximately 7.1% of Nano Dimension (NASDAQ: NNDM) shares, has issued an investor presentation challenging Nano's recent public statements. The investment firm has nominated two director candidates - Ofir Baharav and Robert Pons - for election to Nano's Board at the upcoming 2024 Annual General Meeting scheduled for December 6, 2024. Murchinson criticizes Nano's performance, capital allocation strategy, M&A approach, and corporate governance practices, urging shareholders to support their nominees to address what they describe as ongoing value destruction.

Nano Dimension is urging shareholders to vote 'FOR' its proposals at the upcoming 2024 Annual General Meeting on December 6th. The company highlights its execution of two transformational M&A transactions - Desktop Metal and Markforged acquisitions - which are expected to create a combined company with approximately $340 million in revenue and $475 million in cash reserves. The company outlines a path to EBITDA positivity by Q4 2026 and warns against Murchinson's attempts to block transactions above $50 million, which could derail the company's growth strategy.

Murchinson , holding approximately 7.1% of Nano Dimension shares, has issued a presentation highlighting urgent concerns about the company's performance and governance. The presentation reveals that since CEO Yoav Stern's appointment in 2019, Nano's enterprise value has declined 120%, with the stock trading below cash value for three years. The company has shown a -30.3% shareholder return since Murchinson's initial director nomination. Key issues include failed acquisition strategies, poor corporate governance, and questionable management decisions. Murchinson is proposing two independent directors, Ofir Baharav and Robert Pons, for election at the December 2024 Annual Meeting to address these concerns.

Nano Dimension released a presentation highlighting its value creation strategy and urging shareholders to vote 'FOR' all company proposals at the upcoming Annual Meeting. The company reports significant achievements including: 29% organic revenue growth in 2023, 69% reduction in cash burn in H1 2024, and over $160 million in share repurchases since August 2022. The company's transformational acquisitions of Desktop Metal and Markforged aim to create a market leader in Additive Manufacturing with projected $340 million in combined revenue. Nano expects to be EBITDA positive by Q4 2026 and emphasizes its strong governance improvements, including Board restructuring and separation of Chairman and CEO roles.

Nano Dimension (NNDM) has issued a letter to shareholders ahead of its 2024 Annual General Meeting, urging them to vote 'FOR' all company proposals and against Murchinson's competing agenda. The company highlights its recent achievements, including 29% organic revenue growth in 2023, a 69% reduction in cash burn in H1 2024, and agreements to acquire Desktop Metal and Markforged. The company emphasizes its successful execution of strategic initiatives, including $160 million in share repurchases and significant governance enhancements. Nano warns that Murchinson's proposals would paralyze the company's strategy and potentially harm shareholder value.

Murchinson , holding approximately 7.1% of Nano Dimension shares, has issued a letter to shareholders emphasizing the urgent need for board changes. The investor criticizes CEO Yoav Stern and the current board for allegedly wasting about $600 million on questionable acquisitions that have reportedly destroyed shareholder value. Murchinson points to the company's persistent negative enterprise value as evidence of lost shareholder confidence. The letter also highlights concerns about Mr. Stern's compensation proposal and urges shareholders to vote for Murchinson's nominees, Ofir Baharav and Bob Pons, to restore accountability and protect shareholder value.

Nano Dimension (NNDM) announced its participation in the ThinkEquity Conference in New York City on October 30th, 2024. CEO Yoav Stern will present at 11:30 am ET, discussing the company's strategy, recent M&A transactions, and industry outlook. The presentation will be available via live stream.

Nano Dimension is a provider of Additively Manufactured Electronics and multi-dimensional 3D printers, serving over 2,000 customers across aerospace & defense, automotive, industrial, medical technology, and R&D sectors. The company focuses on Industry 4.0 manufacturing solutions through AI-driven improvements and cloud-based distributed manufacturing networks.

Nano Dimension sent a letter to shareholders regarding their upcoming 2024 Annual General Meeting, highlighting the company's progress in executing its value creation strategy. Key achievements include two transformational M&A agreements, improved financial performance with 29% organic revenue growth in 2023, and significant governance enhancements. The company is facing opposition from Murchinson , which is attempting to gain control through proposals that could impact Nano's strategy. The Board urges shareholders to vote 'FOR' Nano's proposals at the December 6th meeting, emphasizing the importance of protecting their investment against what they describe as Murchinson's self-interested agenda.

Murchinson , a significant shareholder of Nano Dimension (NASDAQ: NNDM), has issued an open letter to fellow shareholders regarding the upcoming 2024 Annual General Meeting scheduled for December 6, 2024. Murchinson, owning approximately 7.1% of Nano's outstanding shares, urges shareholders to withhold votes until the complete agenda and revised proxy card are published.

The letter reminds shareholders of the Board's alleged deceptive actions during the 2023 Annual Meeting, including rushing a voting instruction form without Murchinson's director candidates. Murchinson intends to nominate independent candidates and submit proposals to address what they perceive as underperformance and governance failures under CEO Yoav Stern's leadership.

Murchinson plans to nominate two director candidates as Class I directors and propose amendments to the Company's Articles of Association, including requiring shareholder approval for major M&A transactions. They aim to protect shareholders' interests by installing truly independent directors not beholden to Mr. Stern.