The Chemical Connection: Getting the Best from Your Cupric Chloride Etchant
It’s Only Common Sense: The Dangers of Staying Stagnant in a Changing World
Dan’s Biz Bookshelf: ‘Born to Create’
Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys
May 30, 2023 | Nano DimensionEstimated reading time: 1 minute
As previously announced, Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (AME) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM) 3D printers, will host a conference call on Tuesday, May 30, 2023 at 9:00 a.m. EDT (4:00 p.m. IDT) to discuss its special tender offer to increase its ownership in Stratasys Ltd., as well as the merits of Stratasys’ proposed deal with Desktop Metal, Inc., which are being positioned as an alternative to the Company’s aforementioned special tender offer.
On May 25, 2023, the Company commenced a special tender offer to purchase between 38.8% and 40.8% of the outstanding ordinary shares of Stratasys for $18.00 per share in cash, less any required withholding taxes and without interest. The successful completion of the special tender offer would result in Nano Dimension’s beneficial ownership of between 53% and 55% of the outstanding Stratasys shares, inclusive of the approximately 14.2% of Stratasys’ outstanding ordinary shares that Nano Dimension currently owns.
As previously announced, in conjunction with the special tender offer, Nano Dimension also released an investor presentation further detailing the benefits of the special tender offer to Stratasys’ shareholders and the strategic rationale for the tender offer, which was filed as an exhibit to the tender offer statement filed with the U.S. Securities and Exchange Commission (the SEC) by the Company on Schedule TO on May 25, 2023, and which can also be accessed on the investor relations page of Nano Dimension’s website.
During the investor call, shareholders and markets stakeholders will also learn more about the alternative to Nano Dimension’s special tender offer - the Stratasys and Desktop Metal (SSYS-DM) deal that was announced on May 25, 2023. Nano Dimension will articulate the aspects of the SSYS-DM deal that are problematic from a shareholder’s perspective, especially in comparison to the certain all-cash value of Nano Dimension’s $18.00 per share offer.
Share on:
Suggested Items
FTG to Acquire FLYHT Aerospace Solutions
10/23/2024 | Globe NewswireFiran Technology Group Corporation is pleased to announce that it has entered into a definitive arrangement agreement with FLYHT Aerospace Solutions Ltd. to acquire all of the issued and outstanding shares of FLYHT under a plan of arrangement under the Canada Business Corporations Act.
HANZA's Principal Owner Increases its Holding
10/14/2024 | HANZAHANZA’s main shareholder Färna Invest AB, owned by Gerald Engström, has purchased 380,000 shares in HANZA AB during September and owns 9,980,000 shares in the company at the end of September, corresponding to 22.86%. This is according to data as of 2024-09-30 from Euroclear.
HANZA CEO Erik Stenfors Increases Stake in Company
09/26/2024 | HANZAErik Stenfors, CEO of HANZA, a leading global provider of advanced manufacturing services, has purchased 8,000 shares in the company.
LUXSHARE's investment Boosts LEONI's Competitiveness
09/26/2024 | LEONIA transformative partnership has been established: With LUXSHARE’s investment, LEONI AG, and its Wiring Systems Division (WSD), gain an additional powerful shareholder, significantly enhancing market access, technological innovation, and financial stability.
NOTE Board Approves Share Buyback
08/30/2024 | NOTEThe Board of Directors of Note AB has resolved, pursuant to the authorisation granted by the Annual General Meeting on 18 April 2024, to acquire own shares on Nasdaq Stockholm.