Nano Dimension To Proceed With Desktop Metal Acquisition Following Delaware Court Ruling, Positioning Company For Strategic Integration And Growth In High-Value Digital Manufacturing Solutions Across Key Sectors

Benzinga·03/26/2025 13:06:54

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Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today provided an 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, Inc. (NYSE:DM) per the parties' July 2, 2024 Merger Agreement.

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.

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