voxeljet AG has announced that its Management Board, together with the Supervisory Board, has decided to initiate a formal review process to evaluate strategic alternatives for the company.
Uniformity Labs has announced that Sigma Additive Solutions CEO Jacob Brunsberg has been appointed as a non-executive member of the Board of Directors. Brunsberg joins John Ferriola, who is now Chairman, and Alan Batey.
Velo3D has announced that William McCombe has resigned as the company’s Chief Financial Officer, effective September 29, 2023, to pursue other career opportunities. Bernard Chung, Velo3D’s Vice President of Finance has been appointed as Acting CFO.
Nano Dimension has re-affirmed its opposition to the Stratasys merger with Desktop Metal and its intention to vote against it, and is urging fellow shareholders in Stratasys to cast their votes.
3D Systems has announced that Michael Turner is stepping down as the company’s Chief Financial Officer, effective October 15, 2023, to accept a new career opportunity. Andrew Johnson, 3D Systems’ EVP has been appointed as interim CFO.
The Donerail Group LP, an investment company that owns approximately 2.3% of the outstanding shares in Stratasys, has issued an open letter to the Stratasys Board of Directors. In the letter, Donerail discusses ‘serious concerns’ with the DM deal.
Desktop Metal (DM) has announced that proxy advisory firm Institutional Shareholder Services (ISS) has recommended that its stockholders vote “FOR” the merger with Stratasys at the upcoming special meeting of Desktop Metal stockholders.
Reuters has reported that influential proxy advisory firm Institutional Shareholder Services has recommended that Stratasys shareholders reject the proposed Desktop Metal merger.
After the re-election of all director nominees to the Nano Dimension Board at its AGM in September 2023, and the stepping down of CEO Yoav Stern from the role of Chairman, the company has announced Dr. Yoav Nissan-Cohen as the new Chairman.
Stratasys has issued a statement in response to a September 13 press release from 3D Systems about an improved merger offer. Stratasys says the proposal referenced by 3D Systems did not revise terms of the already rejected offer from September 6.
Nano Dimension, the largest shareholder in Stratasys after it purchased a further 12% of shares in July 2022, has announced that it opposes and intends to vote against Stratasys’ proposed merger with Desktop Metal.
3D Systems has announced that it has delivered a signer merger agreement to Stratasys, substantially in the form shared with the Stratasys Board on September 6, 2023. The agreement will now be filed on Form 8-K with the SEC by 3D Systems.
