WALTHAM, MA – Nano Dimension announced that it has further increased its offer to acquire Stratasys to $20.05 per share in cash.

Under the terms of the increased proposal, Nano Dimension would acquire the remaining shares of Stratasys it does not currently own for an aggregate of approximately $1.22 billion on a fully diluted basis. The company previously made acquisition offers at $18 per share on March 3 and for $19.55 per share on March 29. If the Stratasys board declines the revised offer, Nano Dimension said it intends to commence a tender offer to ensure that Stratasys shareholders have their say on the best path forward for their investment.

"Today we present our best and final all-cash offer to Stratasys’ Board of Directors, which will deliver immediate and certain value to Stratasys shareholders at a compelling premium and enable us to create the preeminent leader in the rapidly growing AM market," said Nano Dimension Chairman and CEO Yoav Stern. "We continue to believe in the quality of Stratasys management and we are prepared to move quickly to complete our due diligence so we can finalize a mutually agreeable transaction. However, in the absence of meaningful engagement from Stratasys’ Board on this offer, we will consider a tender offer process to allow Stratasys shareholders to voice their opinion on the proposed transaction."

Along with the targeted acquisition of Stratasys, Nano Dimension said it is currently engaged in dialogue with two other potential additive manufacturing acquisition targets. The company said the businesses represent attractive inorganic synergistic growth opportunities that will help Nano Dimension further transform the AM/AME/AE sectors into an AI-Led Cloud Manufacturing Solution and create long-term value for all shareholders.

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