Key Summary: On March 6, 2023, Nano Dimension Ltd (14.5%) expressed its intent to engage with Stratasys on enhancing shareholder value and corporate governance, including potential board changes, and proposed to acquire the company for $18 per share. On June 13, 2023, Nano Dimension demanded an EGM to replace seven directors. On July 17, 2023, it urged shareholders to support its nominees at the August 8 AGM, and on July 20, outlined plans to appoint independent directors. However, on July 28, 2023, Nano Dimension withdrew its seven director candidates.Market Cap: $1.3 billion | Stratasys Ltd. provides connected polymer-based 3D printing solutions.
On March 6, 2023, Nano Dimension Ltd (14.5%) stated that it intended to engage in communications with Stratasys regarding opportunities to enhance shareholder value and improve corporate governance, including through potential changes in the corporate structure, potentially, among other options, including changes to the composition of the Board. Also, it proposed to acquire the company for $18 per share. Source
On June 13, 2023, Nano Dimension Ltd. demanded an EGM of the shareholders. It wanted to replace seven directors with its own nominees and improve corporate governance. Source
On July 17, 2023, Nano Dimension Ltd urged shareholders to replace the current Board with its nominees at the AGM on August 8, 2023. On July 20, 2023, it outlined plans to appoint independent directors for long-term representation. Source
On July 28, 2023, Nano Dimension Ltd withdrew its seven director candidates for nomination at the upcoming AGM. Source
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