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Nano Dimension | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Nano Dimension | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Nano Dimension | 6-K:外国发行人报告
美股SEC公告 ·  2024/07/04 05:31

Moomoo AI 已提取核心信息

Nano Dimension announced plans to acquire Desktop Metal in a cash transaction valued between $135-183 million, or $4.07-5.50 per share. The merger combines two leading additive manufacturing companies with complementary technologies and zero product overlap, creating a formidable player with over $246 million in combined 2023 revenue and approximately $680 million in cash post-closing.The combined entity will leverage Desktop Metal's leadership in binder jet technology and Nano's expertise in printed electronics and micro-fabrication. Management expects $30 million in run-rate cost synergies through facility consolidation and operational efficiencies, though the combined company is projected to remain cash flow negative for 6-8 quarters. Nano Dimension CEO Yoav Stern will lead the merged company, with Desktop Metal CEO Ric Fulop joining the C-suite...Show More
Nano Dimension announced plans to acquire Desktop Metal in a cash transaction valued between $135-183 million, or $4.07-5.50 per share. The merger combines two leading additive manufacturing companies with complementary technologies and zero product overlap, creating a formidable player with over $246 million in combined 2023 revenue and approximately $680 million in cash post-closing.The combined entity will leverage Desktop Metal's leadership in binder jet technology and Nano's expertise in printed electronics and micro-fabrication. Management expects $30 million in run-rate cost synergies through facility consolidation and operational efficiencies, though the combined company is projected to remain cash flow negative for 6-8 quarters. Nano Dimension CEO Yoav Stern will lead the merged company, with Desktop Metal CEO Ric Fulop joining the C-suite and board.The transaction is expected to close by year-end 2024, subject to regulatory approvals. Desktop Metal's convertible bondholders will have the option to maintain their positions with the stronger combined entity or request repayment. The deal marks a significant consolidation step in the additive manufacturing industry, with potential for additional M&A activity given the substantial cash position.
在2024年7月3日,Nano Dimension和Desktop Metal召开了关于2024年7月2日签署的合并协议的联合投资者电话会议。公司在Nano Dimension的网站上发布了投资者演示文稿,详细说明了拟议的交易。此次合并涉及Nano Dimension及其间接全资子公司Nano US I, Inc.和Desktop Metal。Desktop Metal计划向美国证券交易委员会(SEC)提交一份委托声明,两家公司也敦促投资者在该文件和其他相关SEC文件可用时仔细阅读。这两家公司告知,这一沟通不构成购买或出售证券的要约。他们还指出,双方公司的某些董事和高管可能被视为委托征集的参与者,相关利益的详细信息将包含在即将发布的委托声明中。
在2024年7月3日,Nano Dimension和Desktop Metal召开了关于2024年7月2日签署的合并协议的联合投资者电话会议。公司在Nano Dimension的网站上发布了投资者演示文稿,详细说明了拟议的交易。此次合并涉及Nano Dimension及其间接全资子公司Nano US I, Inc.和Desktop Metal。Desktop Metal计划向美国证券交易委员会(SEC)提交一份委托声明,两家公司也敦促投资者在该文件和其他相关SEC文件可用时仔细阅读。这两家公司告知,这一沟通不构成购买或出售证券的要约。他们还指出,双方公司的某些董事和高管可能被视为委托征集的参与者,相关利益的详细信息将包含在即将发布的委托声明中。
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