Murchinson Sends Letter to Nano Dimension Shareholders Highlighting the Collective Opportunity to Add Independent Perspectives to Nano’s Boardroom
November 19 2024 - 4:05PM
Business Wire
Underscores This Campaign is About Electing
Directors That Are Unquestionably Independent and Better Qualified
Than the Incumbent Directors Up for Re-election
Emphasizes the Company’s Track Record of
Dilutive M&A and Failed Capital Allocation Under the Current
Board
Believes the Board’s Failure to Oversee
Management Has Destroyed Shareholder Value and Created Risk
Urges Shareholders to Vote FOR Murchinson’s
Experienced and Independent Nominees, Ofir Baharav and Bob Pons,
Before November 27th to Ensure Votes Are Counted Prior to the
Cut-Off of Electronic Voting
Murchinson Ltd. (collectively with its affiliates and funds it
advises and/or sub-advises, “Murchinson” or “we”), a significant
shareholder with approximately 7.1% of the outstanding shares of
Nano Dimension Ltd. (NASDAQ: NNDM) (“Nano” or the “Company”), today
issued a letter to fellow shareholders highlighting the value
destruction, failed capital allocation and worst-in-class corporate
governance under the current Board of Directors.
The full text of the letter is available at
www.SaveNanoDimension.com and can be viewed here. Murchinson
encourages shareholders to vote by November 27th to ensure their
votes are counted. Information on how to vote for Murchinson’s
nominees is available at www.SaveNanoDimension.com/how-to-vote.
About Murchinson
Founded in 2012 and based in Toronto, Canada, Murchinson is an
alternative asset management firm that serves institutional
investors, family offices and qualified clients. The firm has
extensive experience capturing the best returning opportunities
across global markets. Murchinson’s multi-strategy approach allows
it to execute investments at all points in the market cycle with
fluid allocation between strategies. Our team targets corporate
action, distressed investing, private equity and structured finance
situations, leveraging its broad market experience with a variety
of specialized products and sophisticated hedging techniques to
deliver alpha within a risk-averse mandate. Learn more at
www.murchinsonltd.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains forward-looking information within
the meaning of applicable securities laws. In general,
forward-looking information refers to disclosure about future
conditions, courses of action, and events. All statements contained
in this press release that are not clearly historical in nature or
that necessarily depend on future events are forward‐looking, and
the use of any of the words “anticipates”, “believes”, “expects”,
“intends”, “plans”, “will”, “would”, and similar expressions are
intended to identify forward-looking statements. These statements
are based on current expectations of Murchinson and currently
available information. Forward-looking statements are not
guarantees of future performance, involve certain risks and
uncertainties that are difficult to predict, and are based upon
assumptions as to future events that may not prove to be accurate.
Murchinson undertakes no obligation to update publicly or revise
any forward-looking statements, whether as a result of new
information, future events, or otherwise, except as required by
applicable securities legislation.
Disclaimer
The information contained or referenced herein is for
information purposes only in order to provide the views of
Murchinson and the matters which Murchinson believes to be of
concern to shareholders described herein. The information is not
tailored to specific investment objections, the financial
situations, suitability, or particular need of any specific
person(s) who may receive the information, and should not be taken
as advice in considering the merits of any investment decision. The
views expressed herein represent the views and opinions of
Murchinson, whose opinions may change at any time and which are
based on analyses of Murchinson and its advisors. In addition, the
information contained herein is being publicly disclosed without
prejudice and shall not be construed to prejudice any of
Murchinson’s rights, demands, grounds and/or remedies under any
contract and/or law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241119436330/en/
Okapi Partners LLC Bruce Goldfarb / Chuck Garske 212-297-0720
info@okapipartners.com
Longacre Square Partners Ashley Areopagita
murchinson@longacresquare.com
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