Nano Dimension (NNDM) Prices 35M ADS Registered Direct Offering at $9.50/ADS
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Nano Dimension Prices $332.5 Million Registered Direct Offering
January 13, 2021 11:39 PM ESTSunrise, Florida, Jan. 13, 2021 (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 35,000,000 of the Companys American Depositary Shares (ADSs) at a price of $9.50 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $332.5 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... More
