Nano Dimension Announces ADS Ratio Change
Nano Dimension Ltd. - American Depositary Shares (NNDM)
US:NASDAQ Investor Relations:
investors.nano-di.com
Company Research
Source: GlobeNewswire
?Holders of Nano Dimension’s ordinary shares, which are traded on The Tel Aviv Stock Exchange, are entirely unaffected by the new exchange ratio for ADSs NESS ZIONA, Israel, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Nano Dimension Ltd., a leading additive electronics provider for electronics (NASDAQ, TASE: NNDM), announced today that it will change the ratio of its American Depositary Shares (“ADSs”) to ordinary shares from each ADS representing five ordinary shares (1:5) to each ADS representing fifty (50) ordinary shares (1:50). This will result in a 1 for 10 reverse split on the ADR program. The ratio change will be effective on October 22, 2019. For ADS holders, the ratio change will have the same effect as a 1 for 10 reverse ADS split. On the effective date, each ADS holder will be required to exchange every ten (10) ADSs then held for one (1) new ADS. The Bank of New York Mellon, as depositary bank, will arrange for the exchange of the current ADSs for the new o
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News
- Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement [Yahoo! Finance]Yahoo! Finance
- Nano Dimension Announces Changes in Board Composition [Yahoo! Finance]Yahoo! Finance
- Nano Dimension Announces Changes in Board CompositionGlobeNewswire
- Nano Dimension's Additive Electronics Product Line - Essemtec - Received a Global Technology Award [Yahoo! Finance]Yahoo! Finance
- Nano Dimension’s Additive Electronics Product Line - Essemtec - Received a Global Technology AwardGlobeNewswire
NNDM
Sec Filings
- 12/18/24 - Form 144
- 12/16/24 - Form 6-K
- 12/10/24 - Form 144
- NNDM's page on the SEC website