Nano Dimension provides Desktop Metal financing update
Nano Dimension Ltd, based in Waltham, Massachusetts, USA, has announced that its recently acquired subsidiary Desktop Metal has commenced a process to “explore all available strategic alternatives to address its liabilities and liquidity needs.”
Desktop Metal has appointed Robert Warshauer to its Board of Directors and engaged Piper Sandler & Co and FTI Consulting, Inc, as financial advisers.
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Nano Dimension has stated that “no assurance can be given as to the outcome or timing of the strategic review process.” The company plans to share any additional details during its upcoming 2024 financial results and 2025 outlook call, which is expected to be held in late April 2025.
www.nano-di.com
www.desktopmetal.com
