Nano Dimension Prices $100 Million Registered Direct Offering
November 20, 2020 | Globe NewswireEstimated reading time: 1 minute
Nano Dimension Ltd., a leading Additively Manufactured Electronics provider, announced it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company’s 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 general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions. The closing of the registered direct offering is expected to take place on or about November 23, 2020, subject to the satisfaction of customary closing conditions.
ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole placement agent for the offering.
This offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-249559) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, New York 10004, Telephone: (877) 436-3673; Email: prospectus@think-equity.com. Before investing in this offering, interested parties should read in their entirety the prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.
Suggested Items
Transtec and YAMAHA Motor Robotics to Showcase Latest Technology at SMTAI 2024
09/18/2024 | Yamaha Motor Robotics Holdings Co., Ltd.Trans-Tec America, in Partnership with Yamaha Robotics USA, will exhibit dynamic SMT assembly technologies at the SMTAI 2024 trade show and conference, October 20 - 24, 2024 at the Donald E. Stephens Convention Center in Rosemont, IL, USA.
Elementary, Mr. Watson: Debunking Misconceptions in PCB Design
08/22/2024 | John Watson -- Column: Elementary, Mr. WatsonPCB design can be likened to the poem, “The Blind Man and the Elephant” by John Godfrey Saxe. In the poem, six blind men of Indostan “to learning much inclined,” went to see the elephant “that each by observation, might satisfy the mind.” The first man fell against the elephant and concluded it was like touching a wall. The second man felt the elephant’s tusk and exclaimed, "It is very like a spear." The third blind man, feeling the vast and squirming trunk, decided it was a snake. The fourth man felt the elephant's leg and said the elephant “is very like a tree." The fifth man touched the massive ears and decided an elephant is very like a fan. Finally, the sixth blind man, feeling the elephant’s swinging tail, proudly proclaimed, "I see, the elephant is very like a rope."
Laser Photonics Announces Pricing of $3.0 Million Private Placement
08/16/2024 | BUSINESS WIRELaser Photonics Corporation (LPC), a leading global developer of industrial laser systems for cleaning and other material processing applications, announced that it has entered into a securities purchase agreement with institutional investors for aggregate gross cash proceeds of $3.0 million, before deducting fees to the placement agent and other offering expenses payable by the Company.
KYZEN to Feature Extensive Line of Metal Cleaning Chemistries at IMTS
08/06/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at IMTS 2024, scheduled to take place September 9-14, 2024 at McCormick Place in Chicago. The KYZEN Clean Team will be offering cleaning expertise to meet a wide array of metal cleaning challenges.
Innovative and Cost-effective BGA Re-balling
07/23/2024 | Shavi Spinzi, Nano Dimension/EssemtecA new, high-quality BGA re-balling process, which is integrated into an all-in-one solution of dispensing and placement equipment developed by Essemtec, brings new opportunities for the reapplication of expensive BGA components. This new method seamlessly integrates the sequence of flux deposition and ball (sphere) placement with the subsequent soldering process.