Leading AM electronics providerNano Dimension宣布出售17950000的美国an Depositary Shares (ADSs) at $2 per share in a registered direct offering. The sales are locked in with definitive agreements but, once complete, will total around $35.9M for the Nasdaq listed company. From this, a small portion will be deducted for placement agent fees and other smaller offering expenses. The sole placement agent in this case isThinkEquity, a division ofFordham Financial Management.
Nano Dimension has stated that it intends to use the raised proceeds for working capital and a number of other general corporate and operational purposes. The registered direct offering is expected to close on May 22, provided the customary closing conditions are satisfied.
Investing in Nano Dimension
Further details of the terms of the proposed offering can soon be found in a prospectus supplement on theU.S Securities and Exchange Commission(SEC)网络site. Once available, electronic copies of the prospectus can beobtained from ThinkEquity. Before investing in the offering, reading the prospectus and supporting documents in their entirety is recommended.
Nano Dimension’sstock pricehas seen great volatility in recent days due to a number of major moves by the company. Before tumbling on Wednesday due to a deeply discounted share offering price, the stock quadrupled in the two days prior on the back of abreakthrough in 3D printed electronics. Together with military sensor specialistHENSOLDT, Nano Dimension succeeded in printing and assembling a double-sided ten layer PCB (printed circuit board) in a “world-first”. HENSOLDT intends to further develop the technology and apply it to heavy-dutymilitary applications such as radar and optronics.
Shortly before the PCB breakthrough, leading polymer manufacturerREHAUalso announced an AME milestone with the 3D printing of anelectronic touch sensorusing Nano Dimension’s蜻蜓LDM. By integrating a 3D printed electronic circuit, REHAU was able to functionalize one of its premium polymer materials as part of the ‘Electronics into Polymers’ program focused on developing “smart polymers”.
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Featured image shows Nano Dimension 3D printed electronics. Photo via Nano Dimension.
