Summary by Moomoo AI
On November 21, 2024, an Israeli court ruled that Nano Dimension's extraordinary general meeting held on March 20, 2023, convened by Murchinson Ltd., was valid. The court upheld proposed changes to the company's Articles of Association, allowing shareholders to fill board vacancies and remove directors by simple majority vote.The ruling affirmed that American Depositary Share (ADS) holders have all non-waivable rights of ordinary shareholders under Israeli law. Nano Dimension is considering appealing the decision to the Supreme Court of Israel and seeking temporary relief. The company has updated its Articles to reflect the court-mandated changes.If the appeal or temporary relief is granted, Nano Dimension will provide further updates regarding its Articles and ADS holders' rights. The company has incorporated this report into its SEC registration statements.