Stratasys has issued a statement regarding a ruling made by an Israeli court in the ongoing litigation between Nano Dimension and its largest shareholder, Murchinson Ltd.
Markforged has been notified by the New York Stock Exchange (NYSE) that the company is not in compliance with Rule 802.01C, which relates to the minimum average closing price of the Company’s common stock over a consecutive 30 trading-day period.
Stratasys has announced that its board of directors has unanimously rejected the revised proposal received from Nano Dimension on April 3 to acquire Stratasys for 20.05 USD per share in cash, coming to a total of around 1.2 billion USD.
As the Stratasys acquisition of Covestro Additive Manufacturing closed, TCT spoke to Hugo da Silva, former VP of Covestro AM and new VP of Strategy, M&A and Venturing at Stratasys.
Multi-material 3D printing firm Quantica has announced the closure of a 14 million EUR Series A financing round, which will be used to further industrialise and manufacture the first products based on its NovoJet multi-material inkjet technology.
Ulendo Technologies, Inc. is expanding the commercial use of its TCT award-nominated patented vibration compensation software (Ulendo VC), made possible from a grant of 1 million USD awarded by America’s Seed Fund powered by the NSF.
Nano Dimension has announced that it is prepared to commence a special tender offer targeting total ownership of at least 51% of the outstanding shares of common stock of Stratasys for 18.00 USD per share in cash.
Nexa3D has announced the acquisition of AddiFab following a successful year of joint go-to market collaboration between the two companies throughout North American and EMEA.
Nano Dimension has submitted a revised takeover offer to the Stratasys Board of Directors, valuing each remaining share at 19.55 USD, and putting the approximate value of the takeover at $1.2 billion.
Stratasys has announced that its Board of Directors has unanimously rejected the 1.1 billion USD takeover bid from Nano Dimension. The 18 USD per share proposal was referred to as ‘unsolicited’ in a press release from the company.
Zeda, formerly known as PrinterPrezz, Inc., a leader in 3D printing and nanotechnology solutions for the medical, space, defence and aerospace industries, has appointed Geoffrey Doyle as Chief Investment Officer.