Nano Dimension Costs $500 Million Registered Immediate Providing
4 min readSunrise, Florida, Feb. 15, 2021 (World NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) company, nowadays introduced it has entered into definitive agreements with traders for the sale of 39,100,000 of the Company’s American Depositary Shares (“ADSs”) at a price tag of $12.80 for each Adverts pursuant to a registered direct offering. The gross proceeds of the featuring will be roughly $500 million, ahead of deducting placement agent service fees and other believed providing expenses. The Corporation intends to use the internet proceeds for performing capital and for other common corporate purposes, and pursuing strategic chances, which includes feasible company mix transactions. The closing of the registered direct giving is predicted to get put on or about February 18, 2021, topic to the pleasure of customary closing disorders.
ThinkEquity, a division of Fordham Economic Administration, Inc., is acting as sole placement agent for the providing.
This giving is remaining manufactured pursuant to an powerful shelf registration assertion on Variety F-3 (File No. 333-251155) beforehand filed with the U.S. Securities and Trade Fee (the “SEC”). A prospectus nutritional supplement describing the terms of the proposed featuring will be filed with the SEC and will be obtainable on the SEC’s web-site found at http://www.sec.gov. Digital copies of the prospectus complement could be received, when readily available, from ThinkEquity, a division of Fordham Economic Administration, Inc., 17 Condition Street, 22nd Floor, New York, New York 10004, Phone: (877) 436-3673 Electronic mail: [email protected]. In advance of investing in this offering, interested events should really browse in their entirety the prospectus nutritional supplement and the accompanying prospectus and the other documents that the Organization has submitted with the SEC that are included by reference in this sort of prospectus nutritional supplement and the accompanying prospectus, which offer extra info about the Firm and these types of giving.
This push release shall not represent an give to provide or the solicitation of an provide to invest in nor shall there be any sale of these securities in any state or jurisdiction in which these types of offer, solicitation or sale would be unlawful prior to registration or qualification below the securities legal guidelines of any this kind of point out or jurisdiction.
About Nano Dimension
Nano Dimension (Nasdaq: NNDM) is a provider of clever devices for the fabrication of Additively Produced Electronics (AME). High fidelity energetic electronic and electromechanical subassemblies are integral enablers of autonomous smart drones, autos, satellites, smartphones, and in vivo health-related gadgets. They necessitate iterative growth, IP protection, rapid time-to-sector and device efficiency gains, therefore mandating AME for in-property, immediate prototyping and production. Nano Dimension machines serve cross-market demands by depositing proprietary consumable conductive and dielectric products at the same time, even though concurrently integrating in-situ capacitors, antennas, coils, transformers and electromechanical parts, to purpose at unprecedented efficiency. Nano Dimension bridges the hole among printed circuit board and semiconductor integrated circuits. A revolution at the click of a button: From computer-aided style (CAD) to a purposeful substantial-performance AME product in hrs, solely at the charge of the consumable products.
For much more information and facts, make sure you take a look at www.nano-di.com.
Ahead-On the lookout Statements
This press launch consists of forward-searching statements within the which means of the “safe harbor” provisions of the Non-public Securities Litigation Reform Act of 1995 and other Federal securities regulations. Terms these as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and comparable expressions or variants of these terms are supposed to determine forward-on the lookout statements. For case in point, Nano Dimension is using forward-wanting statements in this press release when it discusses predicted timing of the closing of the giving and planned use of the net proceeds from the featuring. Because these kinds of statements offer with long term activities and are based on Nano Dimension’s current expectations, they are topic to a variety of dangers and uncertainties. Genuine benefits, efficiency or achievements of Nano Dimension could vary materially from all those explained in or implied by the statements in this press release. The ahead-looking statements contained or implied in this push release are subject matter to other threats and uncertainties, which include these talked about underneath the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Trade Fee (“SEC”) on March 10, 2020, and in any subsequent filings with the SEC. Apart from as normally essential by law, Nano Dimension undertakes no obligation to publicly launch any revisions to these forward-wanting statements to reflect situations or situation following the day hereof or to mirror the event of unanticipated events. References and hyperlinks to sites have been provided as a ease, and the info contained on these websites is not incorporated by reference into this press launch. Nano Dimension is not liable for the contents of third-celebration websites.
NANO DIMENSION Investor RELATIONS Speak to
Yael Sandler, CFO | [email protected]
