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0.00671140939597301 0.00671140939597301 0.0123042505592841 0.041387024608501 0.0402684563758389 -0.0156599552572708 -0.0156599552572708 0.0749440715883669
Stock impact report

Stratasys Closes $120 Million Strategic Investment by Fortissimo Capital

Stratasys, Ltd. (SSYS) 
Last stratasys, ltd. earnings: 2/26 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.stratasys.com/investor-relations
Company Research Source: Business Wire
Further bolsters strong balance sheetPositions company for future growth through strategic investments to further enhance industry leadershipAppoints Yuval Cohen to Board of Directors EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) (“the Company”), a leader in polymer 3D printing solutions, today announced the closing of a $120 million strategic investment by Fortissimo Capital (“Fortissimo”), a leading Israeli private equity fund investing in technology and industrials. As part of the closing of the investment, Fortissimo has acquired approximately 14% of Stratasys’ issued and outstanding ordinary shares through a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share. As a result of this transaction, Fortissimo now holds approximately 15.5% of Stratasys’ issued and outstanding ordinary shares.In connection with the close of the investment, Yuval Cohen, Founding and Managing Partner of Fortissimo, has been appointed to Show less Read more
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