Nano Dimension’s USA HQ, South Florida, April 22, 2020 – Nano Dimension Ltd. (Nasdaq, TASE: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced the pricing of an underwritten public offering of 17,858,000 American Depositary Shares (the “ADSs”) (or pre-funded ADS purchase warrants, each to purchase one ADS (the “Pre-Funded Warrants”) in lieu thereof). Each ADS is being sold to the public at a price per ADS of $0.70 and each Pre-Funded Warrant is being sold to the public at a price per Pre-Funded Warrant of $0.6999. The gross proceeds to the Company from this offering are expected to be approximately $12,500,000 before deducting underwriting discounts, commissions and other offering expenses, and excluding the exercise of the over-allotment option, if any. The Pre-Funded Warrants will be exercisable at any time after the date of issuance upon payment of the exercise price of $0.0001 per ADS.
Nano Dimension has granted the underwriter a 45-day option to purchase up to 2,678,700 additional ADSs and Pre-Funded Warrants to cover over-allotments, if any, at the public offering price, less the underwriting discounts and commissions.
ThinkEquity, a division of Fordham Financial Management, Inc., is acting as the sole underwriter for the offering.
Nano Dimension intends to use the proceeds of the offering for building up its sales and marketing infrastructure and headquarters in the United States, working capital and general corporate purposes.
The offering is expected to close on April 24, 2020, subject to customary closing conditions.
This offering is being made pursuant to an effective registration statement on Form F-1 (No. 333-237222) previously filed with the U.S. Securities and Exchange Commission (the “SEC”). A preliminary prospectus describing the terms of the proposed offering has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov. A final prospectus related to the proposed offering will be filed and made available on the SEC’s website. Electronic copies of the final prospectus 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: This email address is being protected from spambots. You need JavaScript enabled to view it..