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Nano Dimension says Tribunal dismissed motion brought by Marc Bistricer

Nano Dimension announced that Marc Yuda Bistricer Case stood for a hearing before Capital Markets Tribunal in Toronto, Ontario, Canada, after the Tribunal, on May 8, 2023, dismissed a motion brought by Bistricer for additional disclosure of documents. The OSC staff, in its case against Mr. Marc Bistricer, has made serious allegations that Mr. Marc Bistricer, who used a private holding company, Saline Investments Ltd., part owner of Murchinson, and other market participants are “accountable for an illegal and abusive short selling scheme that violated Ontario securities law and was contrary to the public interest2 in connection with a private placement by a public company – Canopy Growth Corporation. OSC staff has requested that the Tribunal make, among others, the following orders: “…any registration or recognition granted to the Respondents …be terminated… Respondents cease trading in any securities or derivatives permanently …Respondents be prohibited from acquiring any securities permanently… Mr. Bistricer resign from any position he may hold as a director or officer of an issuer… Mr. Bistricer be prohibited from becoming or acting as a director or officer of an issuer permanently… Mr. Bistricer resign from any position he may hold as a director or officer of a registrant… Mr. Bistricer be prohibited from becoming or acting as a director or officer of a registrant permanently… Mr. Bistricer resign from any position he may hold as a director or officer of an investment fund manager… Mr. Bistricer be prohibited from becoming or acting as a director or officer of an investment fund manager permanently… Respondents be prohibited from becoming or acting as a registrant, as an investment fund manager or as a promoter permanently… Respondents pay an administrative penalty…for each failure to comply with Ontario securities law…”

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