Dawn, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a number one Additively Manufactured Electronics (“AME”)/PE (Printed Electronics) supplier, at present introduced it has entered into definitive agreements with traders for the sale of 25,000,00Zero of the Firm’s American Depositary Shares (“ADSs”) at a price of $4.00 per ADS pursuant to a registered direct providing. The gross proceeds of the providing will probably be roughly $100 million, earlier than deducting placement agent charges and different estimated providing bills. The Firm intends to make use of the web proceeds for working capital and for different common company functions, and pursuing strategic alternatives, together with attainable enterprise mixture transactions. The closing of the registered direct providing is anticipated to happen on or about November 23, 2020, topic to the satisfaction of customary closing circumstances.
ThinkEquity, a division of Fordham Monetary Administration, Inc., is performing as sole placement agent for the providing.
This providing is being made pursuant to an efficient shelf registration assertion on Type F-3 (File No. 333-249559) beforehand filed with the U.S. Securities and Change Fee (the “SEC”). A prospectus complement describing the phrases of the proposed providing will probably be filed with the SEC and will probably be obtainable on the SEC’s web site situated at http://www.sec.gov. Digital copies of the prospectus complement may be obtained, when obtainable, from ThinkEquity, a division of Fordham Monetary Administration, Inc., 17 State Street, 22nd Flooring, New York, New York 10004, Phone: (877) 436-3673; E-mail: email@example.com. Earlier than investing on this providing, events ought to learn of their entirety the prospectus complement and the accompanying prospectus and the opposite paperwork that the Firm has filed with the SEC which might be integrated by reference in such prospectus complement and the accompanying prospectus, which offer extra details about the Firm and such providing.
This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase nor shall there be any sale of those securities in any state or jurisdiction through which such provide, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
About Nano Dimension
Nano Dimension (Nasdaq: NNDM) is a supplier of clever machines for the fabrication of Additively Manufactured Electronics (AME). Excessive constancy energetic digital and electromechanical subassemblies are integral enablers of autonomous clever drones, vehicles, satellites, smartphones, and in vivo medical gadgets. They necessitate iterative growth, IP security, quick time-to-market and machine efficiency good points, thereby mandating AME for in-house, speedy prototyping and manufacturing. Nano Dimension machines serve cross-industry wants by depositing proprietary consumable conductive and dielectric supplies concurrently, whereas concurrently integrating in-situ capacitors, antennas, coils, transformers and electromechanical parts, to perform at unprecedented efficiency. Nano Dimension bridges the hole between printed circuit board and semiconductor built-in circuits. A revolution on the click on of a button: From computer-aided design (CAD) to a practical high-performance AME machine in hours, solely at the price of the consumable supplies.
For extra data, please go to www.nano-di.com.
This press launch accommodates forward-looking statements throughout the that means of the “safe harbor” provisions of the Personal Securities Litigation Reform Act of 1995 and different Federal securities legal guidelines. Phrases comparable to “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and comparable expressions or variations of such phrases are supposed to determine forward-looking statements. For instance, Nano Dimension is utilizing forward-looking statements on this press launch when it discusses anticipated timing of the closing of the providing and deliberate use of the web proceeds from the providing. As a result of such statements cope with future occasions and are primarily based on Nano Dimension’s present expectations, they’re topic to varied dangers and uncertainties. Precise outcomes, efficiency or achievements of Nano Dimension may differ materially from these described in or implied by the statements on this press launch. The forward-looking statements contained or implied on this press launch are topic to different dangers and uncertainties, together with these mentioned beneath the heading “Risk Factors” in Nano Dimension’s annual report on Type 20-F filed with the Securities and Change Fee (“SEC”) on March 10, 2020, and in any subsequent filings with the SEC. Besides as in any other case required by regulation, Nano Dimension undertakes no obligation to publicly launch any revisions to those forward-looking statements to mirror occasions or circumstances after the date hereof or to mirror the incidence of unanticipated occasions. References and hyperlinks to web sites have been supplied as a comfort, and the knowledge contained on such web sites shouldn’t be integrated by reference into this press launch. Nano Dimension shouldn’t be answerable for the contents of third-party web sites.
NANO DIMENSION INVESTOR RELATIONS CONTACT
Yael Sandler, CFO | firstname.lastname@example.org