Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement [Yahoo! Finance]
Nano Dimension Ltd. - American Depositary Shares (NNDM)
US:NASDAQ Investor Relations:
investors.nano-di.com
Company Research
Source: Yahoo! Finance
announced that it has filed a lawsuit against Nano Dimension Ltd. ("Nano Dimension") in the Delaware Court of Chancery (the "Court"), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the "Merger Agreement"). The Court has scheduled an expedited hearing on December 30, 2024, to hear Desktop Metal's motion for an expedited trial to be held in January. Desktop Metal seeks specific performance, including, but not limited to, requiring Nano Dimension to cooperate in seeking approval by the Committee on Foreign Investment in the United States ("CFIUS"), including finalizing negotiations and executing the mitigation agreement proposed by CFIUS (as required by the Merger Agreement), and to close the merger within five business days of receiving CFIUS' approval. Desktop Metal also seeks a declaration of the Court that, among other things,
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News
- 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
- Nano Dimension Shareholders Overwhelmingly Support Murchinson's Nominees at 2024 Annual General Meeting [Yahoo! Finance]Yahoo! Finance
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