Nano Dimension Provides Update Following The Delaware Court of Chancery's March 24, 2025 Ruling, Which Upheld Nano Dimension's Obligation To Complete The Acquisition Of Desktop Metal Per The Parties' July 2, 2024 Merger Agreement.

Author: Benzinga Newsdesk | March 26, 2025 08:05am

Strategic Focus and Integration Planning

Since the recomposition of the Nano Dimension Board on December 15, 2024, the Company has diligently prepared for the integration of Desktop Metal, despite ongoing litigation. These proactive efforts position Nano Dimension to maximize the combined entity's potential.

Nano Dimension's strategic objective (outlined in our January 28, 2025 shareholder letter) is to become the preeminent provider of digital manufacturing solutions for high-value, high-growth applications to the aerospace & defense, automotive, electronics, industrial, and medical sectors. An acquisition of Desktop Metal, along with Nano Dimension's pending merger with Markforged Holding Corporation (NYSE:MKFG) ("Markforged"), would significantly expand Nano Dimension's scale and customer base.

Nano Dimension's Strategic Pillars for Future Growth and Value Creation

The following drivers will position the Company as a leader in creating value for its shareholders, customers, and employees long into the future:

• Maintaining Financial Strength: Ensure a robust capital base.
• Driving Profitable Growth:  Focus on products and services where there's cutting edge technology with a growth outlook that can deliver financial results.
• Growing Margins: Achieve manufacturing excellence by consolidating operations, supply chains and information systems.
• Building Indispensable Customer Partnerships: Deliver solutions that make Nano Dimension a critical manufacturing partner.

From the Chairman

Nano Dimension's Chairman Ofir Baharav said: "While we are disappointed with the decision of The Delaware Court of Chancery and are considering all of our options, we recognize that the transaction may close. Nano Dimension's board of directors and management have been diligently planning for a rapid, successful integration of Desktop Metal's people, products, and assets to help the combined company become a world leader in digital manufacturing."

Posted In: MKFG NNDM