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Nano Dimension ( (NNDM) ) has provided an announcement.
Nano Dimension is currently involved in legal disputes with Desktop Metal, Inc. regarding a merger agreement. Desktop Metal has filed lawsuits to prevent Nano Dimension and Markforged Holding Corporation from completing their merger before Nano Dimension’s merger with Desktop Metal, alleging a breach of their existing merger agreement. Nano Dimension asserts that these lawsuits lack merit and plans to defend its rights under the agreement, which could impact its strategic mergers and industry positioning.
More about Nano Dimension
Nano Dimension Ltd. is a company positioned in the technology industry, focusing on 3D printing electronics and additive manufacturing solutions. Its products and services cater to a range of markets that benefit from advanced fabrication technologies, including aerospace, defense, and medical sectors.
YTD Price Performance: -0.40%
Average Trading Volume: 1,545,131
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $548.1M
Learn more about NNDM stock on TipRanks’ Stock Analysis page.