Nano dimension closes $60 million registered direct offering

Sunrise, florida, dec. 02, 2020 (globe newswire) -- nano dimension ltd. (nasdaq: nndm), a leading additively manufactured electronics (ame)/pe (printed electronics) provider, today announced it has closed the previously announced registered direct offering of 11,960,160 of the company's american depositary shares (“adss”) at a price of $5.00 per ads. the gross proceeds of the offering were approximately $60 million, before deducting placement agent fees and other offering expenses. the company intends to use the net proceeds for working capital, other general corporate purposes, and pursuing strategic opportunities, including possible business combination transactions.
NNDM Ratings Summary
NNDM Quant Ranking