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Stock impact report

Nano Dimension Announces 77% Exercise of Over-Allotment Option

Nano Dimension Ltd. - American Depositary Shares (NNDM) 
US:NASDAQ Investor Relations: investors.nano-di.com
Company Research Source: GlobeNewswire
NESS ZIONA, ISRAEL , Feb. 11, 2020 (GLOBE NEWSWIRE) -- Nano Dimension Ltd., a leading additive manufactured electronics (AME) provider (Nasdaq, TASE: NNDM), today announced that the underwriter of its previously announced underwritten public offering of 2,333,000 American Depositary Shares (“ADS”) has exercised 77% of its over-allotment option and purchased an additional 255,318 ADSs at $1.50 per ADS, bringing the total gross proceeds from the offering to $3,882,477, before deducting underwriting discounts, commissions and other offering expenses, and excluding additional exercise of the remaining over-allotment option, if any. The partial exercise of the over-allotment option closed on February 10, 2020. ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the offering. Nano Dimension intends to use the proceeds of the offering for building up its sales and marketing infrastructure and headquarters in the United States, wor Show less Read more
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