Dawn, Florida, Feb. 15, 2021 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM), a number one Additively Manufactured Electronics (AME)/PE (Printed Electronics) supplier, right this moment introduced it has entered into definitive agreements with traders for the sale of 39,100,000 of the Firm’s American Depositary Shares (“ADSs”) at a worth of $12.80 per ADS pursuant to a registered direct providing. The gross proceeds of the providing will likely be roughly $500 million, earlier than deducting placement agent charges and different estimated providing bills. The Firm intends to make use of the online 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 February 18, 2021, topic to the satisfaction of customary closing situations.
ThinkEquity, a division of Fordham Monetary Administration, Inc., is appearing 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. 333-251155) beforehand filed with the U.S. Securities and Change Fee (the “SEC”). A prospectus complement describing the phrases of the proposed providing will likely be filed with the SEC and will likely be out there on the SEC’s web site positioned at http://www.sec.gov. Digital copies of the prospectus complement could also be obtained, when out there, from ThinkEquity, a division of Fordham Monetary Administration, Inc., 17 State Road, twenty second Ground, New York, New York 10004, Phone: (877) 436-3673; E-mail: firstname.lastname@example.org. 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 are 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 wherein such supply, solicitation or sale could be illegal previous to registration or qualification underneath 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 lively digital and electromechanical subassemblies are integral enablers of autonomous clever drones, automobiles, satellites, smartphones, and in vivo medical gadgets. They necessitate iterative growth, IP security, quick time-to-market and gadget efficiency features, thereby mandating AME for in-house, fast 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 operate 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 useful high-performance AME gadget in hours, solely at the price of the consumable supplies.
For extra info, please go to www.nano-di.com.
This press launch incorporates forward-looking statements throughout the that means of the “protected harbor” provisions of the Non-public Securities Litigation Reform Act of 1995 and different Federal securities legal guidelines. Phrases reminiscent of “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and related expressions or variations of such phrases are supposed to establish 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 online proceeds from the providing. As a result of such statements take care of future occasions and are primarily based on Nano Dimension’s present expectations, they’re topic to numerous 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 underneath the heading “Danger Elements” 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 replicate occasions or circumstances after the date hereof or to replicate the prevalence of unanticipated occasions. References and hyperlinks to web sites have been offered as a comfort, and the data contained on such web sites shouldn’t be integrated by reference into this press launch. Nano Dimension shouldn’t be accountable for the contents of third-party web sites.
NANO DIMENSION INVESTOR RELATIONS CONTACT
Yael Sandler, CFO | email@example.com