By Doc Louallen
Nano Dimension shares fell after the company said it signed a nonbinding term sheet to combine with Infinite Epigenetics, shifting its focus toward healthcare and artificial intelligence after a strategic review.
Nano shares were down 16% at $1.25 late Monday morning.
If the proposed transaction is completed, the combined company would operate as Infinite Epigenetics and trade on Nasdaq under ticker IEAI. Existing Nano shareholders would hold a minority stake based on a stated value reflecting a 20% premium to Nano's estimated net cash at closing.
Nano and Infinite expect the combined company to have more than $400 million in cash at closing.
Infinite's Chief Executive Dr. Matthew Dawson is expected to lead the combined company.
David Stehlin, chief executive of Nano, told shareholders June 5, the company was nearing the end of a strategic review, narrowing options to high‑growth opportunities and planning to announce a path forward in the coming months. He said Nano streamlined operations and paused buybacks during the review.
Infinite builds AI tools aimed at spotting health risks earlier by reading on/off signals on DNA, an approach known as epigenetics. The companies said the tie-up would give investors a stake in a larger healthcare AI opportunity while using a public-company platform and cash.
Write to Doc Louallen at Doc.Louallen@wsj.com
(END) Dow Jones Newswires
June 15, 2026 11:44 ET (15:44 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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