{"id":385783,"date":"2020-11-20T00:00:57","date_gmt":"2020-11-20T05:00:57","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385783"},"modified":"2020-11-20T00:00:57","modified_gmt":"2020-11-20T05:00:57","slug":"nano-dimension-prices-100-million-registered-direct-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nano-dimension-prices-100-million-registered-direct-offering\/","title":{"rendered":"Nano Dimension Prices $100 Million Registered Direct Offering"},"content":{"rendered":"
\n

Sunrise, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (\u201cNano Dimension\u201d or the \u201cCompany\u201d), a leading Additively Manufactured Electronics (\u201cAME\u201d)\/PE (Printed Electronics) provider<\/strong>, today announced\u00a0it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company\u2019s American Depositary Shares (\u201cADSs\u201d) at a price of $4.00 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $100 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions. The closing of the registered direct offering is expected to take place on or about November 23, 2020, subject to the satisfaction of customary closing conditions.<\/p>\n

ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole placement agent for the offering.<\/p>\n

This offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-249559) previously filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d). A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC\u2019s website located at http:\/\/www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, New York 10004, Telephone: (877) 436-3673; Email: prospectus@think-equity.com. Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.<\/p>\n

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n

\n About Nano Dimension<\/strong>\n <\/p>\n

\n Nano Dimension (Nasdaq: NNDM) is a provider of\u00a0intelligent machines for the fabrication\u00a0of Additively Manufactured Electronics (AME). High fidelity active electronic and electromechanical subassemblies are integral enablers of autonomous intelligent\u00a0drones,\u00a0cars, satellites, smartphones, and in vivo medical devices. They necessitate iterative development, IP safety, fast time-to-market and device performance gains, thereby mandating AME for in-house, rapid\u00a0prototyping and\u00a0production. Nano Dimension machines serve cross-industry needs by depositing proprietary consumable conductive and dielectric\u00a0materials simultaneously, while concurrently integrating in-situ capacitors, antennas, coils, transformers and electromechanical components, to function at unprecedented performance. Nano Dimension bridges the gap between printed circuit board and semiconductor integrated circuits. A revolution at the click of a button: From computer-aided design (CAD) to a functional high-performance AME device in hours, solely at the cost of the consumable materials.\u00a0<\/em>\n <\/p>\n

\n For more information,\u00a0please visit<\/em>
\n \u00a0<\/em>
\n
\n www.nano-di.com<\/em>
\n <\/a>
\n .<\/em>\n <\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

This press release contains forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as \u201cexpects,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cestimates\u201d and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses expected timing of the closing of the offering and planned use of the net proceeds from the offering. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading \u201cRisk Factors\u201d in Nano Dimension\u2019s annual report on Form 20-F filed with the Securities and Exchange Commission (\u201cSEC\u201d) on March 10, 2020, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third-party websites.<\/p>\n

\n NANO DIMENSION INVESTOR RELATIONS CONTACT<\/strong>
\n
Yael Sandler, CFO |\u00a0ir@nano-di.com<\/u><\/a><\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Sunrise, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (\u201cNano Dimension\u201d or the \u201cCompany\u201d), a leading Additively Manufactured Electronics (\u201cAME\u201d)\/PE (Printed Electronics) provider, today announced\u00a0it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company\u2019s American Depositary Shares (\u201cADSs\u201d) at a price of $4.00 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $100 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions. The closing of the registered direct offering is expected to take place … <\/p>\n

Continue reading “Nano Dimension Prices $100 Million Registered Direct Offering”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385783","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNano Dimension Prices $100 Million Registered Direct Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nano-dimension-prices-100-million-registered-direct-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nano Dimension Prices $100 Million Registered Direct Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sunrise, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM) (\u201cNano Dimension\u201d or the \u201cCompany\u201d), a leading Additively Manufactured Electronics (\u201cAME\u201d)\/PE (Printed Electronics) provider, today announced\u00a0it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company\u2019s American Depositary Shares (\u201cADSs\u201d) at a price of $4.00 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $100 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions. 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