Elem Additive Solutions was significantly scaled back by Xerox in October last year, just three years after the company acquired its Liquid Metal additive manufacturing technology through the buyout of Vader Systems.
Velo3D has announced a securities purchase agreement with ‘certain affiliated institutional investors’ for the purchase and sale of up to 105 million USD in aggregate principal amount of the company’s senior secured convertible notes in a RDO.
Stratasys has announced that, based on a preliminary vote count provided by its proxy solicitors following its 2023 Annual General Meeting of shareholders, that its shareholders have voted to re-elect all eight of its director nominees to the board.
Lightforce Orthodontics has announced the raising of 80 million USD in its Series D funding round, which will be used to build a new manufacturing facility and grow the company's engineering team.
Nano Dimension has announced the expiration of its special partial tender offer to purchase between 31.9% and 36.9% of the outstanding ordinary shares of Stratasys for 25.00 USD per share, after 5.6% of shares were tendered.
Stratasys has suggested that 3D Systems has not yet provided sufficient cost synergy information, after 3D Systems announced a target date of August 4, 2023 for completion of due diligence and merger agreement discussions.
Nano Dimension has announced that it has ceased its efforts to complete its 25 USD per share all-cash special tender offer for Stratasys shareholders and efforts to replace Stratasys’ Board of Directors with its own nominees.
Stratasys has announced that independent proxy advisory firms Institutional Shareholder Services and Glass Lewis & Co. have recommended that Stratasys shareholders vote for the re-election of the current board members and against Nano's nominees.
3D Systems has announced a target date of August 4, 2023 for completion of due diligence and merger agreement discussions with Stratasys. This would mark the culmination of efforts that began with the July 17, 2023 announcement from Stratasys.
Stratasys has mailed a letter to its shareholders, in connection with the Stratasys AGM that is set to take place on August 8, 2023. The company says that Nano Dimension is continuing to make “misleading claims”.
Nano Dimension has released a video on its YouTube channel, as well as issuing an accompanying press release, “setting the record straight” for Stratasys shareholders. The video is the 24th instalment in the “Lets Talk” series from the company.
Stratasys has mailed another letter to its shareholders in connection with its Annual General Meeting of Shareholders on August 8, 2023. The company says the letter outlines dangers of electing a slate of “unqualified” director nominees from Nano.
