Nano Dimension has issued a letter to shareholders highlighting its progress in executing a disciplined M&A strategy, including pending acquisitions of Desktop Metal and Markforged at significantly discounted multiples. The combined company is expected to generate approximately $340 million in revenue based on FY2023 figures, with about $475 million in cash and equivalents post-closing.The acquisitions aim to strengthen Nano's position in the additive manufacturing industry, expanding its portfolio in metal-focused AM solutions and diversifying into new market segments. The company projects reaching EBITDA positivity by Q4 2026 through a four-step plan, while opposing Murchinson's attempts to block transactions above $50 million.Management warns that Murchinson, with an approximately $2.50 cost basis, seeks to liquidate the company for its own benefit at other shareholders' expense. The annual general meeting is scheduled for December 6, 2024, with voting deadline set for December 1, 2024, at 11:59 PM ET.

Nano Dimension has issued a letter to shareholders highlighting its progress in executing a disciplined M&A strategy, including pending acquisitions of Desktop Metal and Markforged at significantly discounted multiples. The combined company is expected to generate approximately $340 million in revenue based on FY2023 figures, with about $475 million in cash and equivalents post-closing.The acquisitions aim to strengthen Nano's position in the additive manufacturing industry, expanding its portfolio in metal-focused AM solutions and diversifying into new market segments. The company projects reaching EBITDA positivity by Q4 2026 through a four-step plan, while opposing Murchinson's attempts to block transactions above $50 million.Management warns that Murchinson, with an approximately $2.50 cost basis, seeks to liquidate the company for its own benefit at other shareholders' expense. The annual general meeting is scheduled for December 6, 2024, with voting deadline set for December 1, 2024, at 11:59 PM ET.