Edison Investment Research - NANO DIMENSION LTD. (NNDM) Nano Dimension - Creating additive manufacturing industry leader

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Edison Investment Research

Richard Williamson

Nano Dimension - Creating additive manufacturing industry leader

Nano Dimension has made a formal, non-binding offer to acquire Stratasys (Nasdaq: SSYS) for US$18.00 per share in cash. Under the terms of the proposal, Nano Dimension, which has been the largest shareholder of Stratasys since July 2022 and currently owns approximately 14.5% of the company’s outstanding shares, would acquire the remaining shares of Stratasys for a total consideration of c US$1.1bn in cash. The offer price reflects a premium of 36% to the closing trading price on 1 March 2023, and a 31% premium to the 60-day volume-weighted average price up to 1 March 2023. Nano Dimension states that it has held constructive, informal discussions with Stratasys, which has announced that it ‘will carefully review and evaluate the proposal’.

15/03/2023 1 EN

Underlying

NANO DIMENSION LTD.

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US63008G2030 Israel

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Richard Williamson

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Nano Dimension - Creating additive manufacturing industry leader

Nano Dimension - Scaling up

Nano Dimension - Creating a leader in additive manufacturing

Nano Dimension - Agreement to acquire Desktop Metal

Card Factory - Confident on FY25 outlook

Immix Biopharma - US CAR-T trial progresses to dose expansion

Helios Underwriting - Strategic shift from growth to consolidation

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