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Murchinson Invites Fellow Nano Dimension Shareholders to Participate In a Survey: What Trendy Industry Is the Board, Under Chairman Bob Pons' Leadership, Planning to Chase Next?Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, "Murchinson" or "we"), a significant shareholder with approximately 7.4% of the outstanding shares of Nano Dimension Ltd. (NASDAQ: NNDM) ("Nano" or the "Company"), today issued the following letter to Nano shareholders. *** Fellow Nano Shareholders, Over the last few weeks and months, we have heard CEO Dave Stehlin repeatedly say that Nano's Board of Directors (the "Board"), led by Chairman Robert ("Bob") Pons, is evaluating "exciting opportunities" and "very interesting candidates" as potential uses of Nano's "balance sheet, public company platform, and strategic flexibility."1 We believe that any Board decision to approve an ill-advised transaction would be self-serving and aimed at preserving the directors' seats rather than serving the interests of Nano and its shareholders. The parallels to the previous Board, led by Yoav Stern, are striking and should give any shareholder pause. Just as Mr. Stern - the fighter-pilot-turned-Kamikaze - appeared to treat the Company's resources as his own, it seems to us that Mr. Pons may be operating under the same mistaken assumption. Shareholders should ask: why is the Board following Mr. Pons in the footsteps of Mr. Stern, who, we believe, intentionally caused Nano to enter into a value-destructive transaction to preserve his position? Why does the Board insist on pursuing a deal that, in our opinion, is very likely to benefit others at the expense of Nano's shareholders? We are curious as to which flavor-of-the-week industry the Board may be considering. We invite shareholders to share their views with us at [email protected] as to which of the following trendy sectors they believe is most likely:
Feel free to also share your opinion on what remuneration or payout, if any, you predict Messrs. Pons and Stehlin will receive in return for using Nano's money on this SPAC-like deal - despite very likely lacking even the faintest clue about the industry in which the target will ultimately operate. Will it be a cash golden parachute? Options? Warrants? Perpetually-paying cushy next-jobs or directorships? Hopefully, we will have survey results before the Board announces an ill-conceived transaction that we believe could strip Nano of its capital in exchange for nothing more than a pipedream, based on the Board's concerning track record to date. We look forward to your responses and to continuing this dialogue with our fellow shareholders.
Sincerely,
***
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Disclaimer
1 Nano Dimension Q1 2026 Earnings Call (May 7, 2026); Press Release: Nano Dimension Issues Letter from Chief Executive Officer, David Stehlin (June 5, 2026).
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