Nano dimension closes $100 million registered direct offering

Sunrise, florida, nov. 23, 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 25,000,000 of the company's american depositary shares (“adss”) at a price of $4.00 per ads. the gross proceeds of the offering were approximately $100 million, before deducting placement agent fees and other 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.
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