Nano Dimension (NNDM) Prices 25M ADS Registered Direct Offering at $4/ADS
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Nano Dimension Prices $100 Million Registered Direct Offering
November 19, 2020 11:57 PM ESTSunrise, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (Nano Dimension or the Company), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it has entered into definitive agreements with investors for the sale of 25,000,000 of the Companys American Depositary Shares (ADSs) 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... More
