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Nano Dimension ( (NNDM) ) has shared an update.
Nano Dimension Ltd. has responded to a lawsuit filed by Desktop Metal, Inc., which alleges that Nano Dimension has not made reasonable efforts to obtain regulatory approval for their merger agreement. Nano Dimension disputes the lawsuit’s claims and intends to defend its rights under the agreement, viewing the legal action as an attempt by Desktop Metal to impose unfavorable deadlines and obligations.
More about Nano Dimension
Nano Dimension Ltd. offers Digital Manufacturing technologies, serving diverse industries such as aerospace, defense, advanced automotive, high-tech industrial, specialty medical technology, and R&D. The company provides solutions for prototyping, high-mix-low-volume production, IP security, and sustainable fabrication.
YTD Price Performance: 3.75%
Average Trading Volume: 1,420,116
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $545.9M
Learn more about NNDM stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
