Nano Dimension (NNDM) 33.33M ADS Registered Direct Offering at $7.50/Sh
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Nano Dimension Prices $250 Million Registered Direct Offering
December 27, 2020 9:58 PM ESTSunrise, Florida, Dec. 27, 2020 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it has entered into definitive agreements with investors for the sale of 33,333,334 of the Companys American Depositary Shares (ADSs) at a price of $7.50 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $250 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... More
