Nano dimension announces preliminary all cash proposal to acquire stratasys for $16.50 per share

Waltham, mass., dec. 23, 2023 (globe newswire) -- nano dimension ltd. (nasdaq: nndm) (“nano dimension”, or “nano” or the “company”), a leading supplier of additively manufactured electronics (“ame”) and multi-dimensional polymer, metal & ceramic additive manufacturing (“am”) 3d printers, today announced that it has submitted a preliminary all cash proposal to the board of directors of stratasys ltd. (nasdaq: ssys) (“stratasys”) to purchase all the outstanding shares of stratasys that it does not currently own for $16.50 per share in cash, with an ability to increase its price subject to due diligence. this proposal represents a 40% premium from the volume-weighted average stratasys share price since september 28, 2023, the day that stratasys announced that its board of directors initiated a process to explore strategic alternatives for the company, including a potential sale.1
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