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Nano Dimension holder Murchinson calls for removal of four board directors (update)

Feb. 03, 2023 4:15 PM ETNano Dimension Ltd. (NNDM) StockBy: Joshua Fineman, SA News Editor6 Comments

close up photo of futuristic 3d printer. micro and nano electronics b

Михаил Руденко/iStock via Getty Images

Update 4:15pm on Feb. 3: Adds comment from Nano Dimension.

Nano Dimension (NASDAQ:NNDM) holder Murchinson Ltd. is calling on the 3D printer maker to hold a special meeting to remove four incumbent directors, including its

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Comments (6)

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Yes company just gulped $1.4billion from US market with less than 20 employees. Who supported them in raising funds are in bed and against the wish of US retail investors
@Sunshine2030 20 employees? NNDM has over 500 employees worldwide (from their recent shareholder letter dated 01/25/2023): "As a result, investors with a short term focus are seeking to break up the Company’s business and liquidate its cash for their own business or personal needs, without regard for the investment required to generate value for the Company’s over one hundred thousand shareholders or for its over 500 employees."
@sircatballsphd at time in 2020
The $4 a share offer was way too low though I'm not necessarily opposed to shaking up the board of directors a bit and putting in one that is more shareholder friendly.
@22023171 agree shares should worth way more than 4$.
@22023171 Agree, though they're likely waiting for valuations in the 3D printing space to decline even more before using the cash to acquire. I wouldn't mind seeing some board seats turn over either, but some of the information being put out is just downright misleading.

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