Nano Dimension (NNDM) reinforced its plan to deliver long-term value to Stratasys (SSYS) shareholders, which includes: An $18.00 per share special tender offer to provide certain, near-term premium and all-cash value to Stratasys shareholders. Nano demands that the Stratasys Board call an Extraordinary General Meeting of Stratasys shareholders following the completion of the $18-per-share-special-tender for the purpose of removing the majority of the Stratasys Board of Directors and replacing them with highly qualified nominees proposed by Nano. Nano believes such action is vital to prevent further value destruction and create a path to establishing a preeminent leader in the rapidly growing AM market that will drive long-term value.
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Published first on TheFly
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Read More on NNDM:
- Nano Dimension Launches a Bid for a Controlling Stake in Stratasys
- Nano Dimension Reaffirms $18 Per Share All-Cash Tender Offer for Stratasys Shareholders to Receive Near-Term Value by Tendering Their Shares
- Nano Dimension Highlights Advantages of Its $18.00 Cash Per Share Special Tender Offer for Stratasys vs. Other Alternatives
- Stratasys Rallies after Unsolicited Offer from DDD
- UPDATE — Nano Dimension’s Conference Call: Special Tender Offer to Increase Ownership in Stratasys