Murchinson Sends Letter to Nano Dimension Shareholders Highlighting the Collective Opportunity to Add Independent Perspectives to Nano’s Boardroom

Business Wire11-20 05:05

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 ...

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Emphasizes the Company’s Track Record of Dilutive M&A and Failed Capital Allocation Under the Current Board. 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. 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 forwardlooking, and the use of any of the words \"anticipates\", \"believes\", \"expects\", \"intends\", \"plans\", \"will\", \"would\", and similar expressions are intended to identif","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4546":"3D打印","BK4161":"工业机械","NNDM":"Nano Dimension Ltd.","BK4170":"电脑硬件、储存设备及电脑周边"},"translate_title":"Murchinson致信Nano Dimension股东，强调为Nano董事会增添独立观点的集体机会","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NNDM":1},"content_text":"Underscores This Campaign is About Electing Directors That Are Unquestionably Independent and Better Qualified Than the Incumbent Directors Up for Re-election\nEmphasizes the Company’s Track Record of Dilutive M&A and Failed Capital Allocation Under the Current Board\nBelieves the Board’s Failure to Oversee Management Has Destroyed Shareholder Value and Created Risk\nUrges 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\nTORONTO, November 19, 2024--(BUSINESS WIRE)--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.\nThe 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.\nAbout Murchinson\nFounded 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.\nCautionary Statement Regarding Forward-Looking Statements\nThis 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.\nDisclaimer\nThe 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.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241119436330/en/\nContacts\nOkapi Partners LLCBruce Goldfarb / Chuck Garske212-297-0720info@okapipartners.com\nLongacre Square PartnersAshley Areopagitamurchinson@longacresquare.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"Executive Changes","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484390520"}