Nano Dimension (NNDM) Prices 17.858M ADS Offering at $0.70/ADS

Nano Dimension Ltd. (NASDAQ: NNDM) today announced the pricing of an underwritten public offering of 17,858,000 American Depositary Shares (the “ADSs”) (or pre-funded ADS purchase warrants, each to purchase one ADS (the “Pre-Funded Warrants”) in lieu thereof). Each ADS is being sold to the public at a price per ADS of $0.70 and each Pre-Funded Warrant is being sold to the public at a price per Pre-Funded Warrant of $0.6999. The gross proceeds to the Company from this offering are expected to be approximately $12,500,000 before deducting underwriting discounts, commissions and other offering expenses, and excluding the exercise of the over-allotment option, if any. The Pre-Funded Warrants will be exercisable at any time after the date of issuance upon payment of the exercise price of $0.0001 per ADS.

Nano Dimension has granted the underwriter a 45-day option to purchase up to 2,678,700 additional ADSs and Pre-Funded Warrants to cover over-allotments, if any, at the public offering price, less the underwriting discounts and commissions.

ThinkEquity, a division of Fordham Financial Management, Inc., is acting as the sole underwriter for the offering.

Nano Dimension intends to use the proceeds of the offering for building up its sales and marketing infrastructure and headquarters in the United States, working capital and general corporate purposes.

The offering is expected to close on April 24, 2020, subject to customary closing conditions.

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