Nano Dimension registers $8 million of stock for public ADS offering

American Depositary Shares sold by National Securities, Lake Street

By Devika Patel

Knoxville, Tenn., Aug. 30 – Nano Dimension Ltd. will sell American Depositary Shares in a public sale with a 45-day greenshoe, according to a form F-1 filed Tuesday with the Securities and Exchange Commission. The company has registered up to $8 million of underlying ordinary stock for the deal.

National Securities Corp. is the bookrunner. Lake Street Capital Markets is the co-manager.

Proceeds will be used for sales force, marketing and production expenses of the DragonFly2020 printer, working capital and general corporate purposes.

The Ness Ziona, Israel, company is developing a three-dimensional printer that prints electronic circuit boards, ink materials and products based on nanotechnology.

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