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Nano Dimension raises $500m more on Nasdaq The Israeli electronic components 3D company has raised nearly $1.5 billion since last September as it searches for an acquisition target. Israeli electronic components 3D company Nano Dimension (Nasdaq: NNDM) has raised a further $500 million, bringing the total amount raised in eight rounds since the end of September 2020 to almost $1.5 billion. despite the fact that Nano Dimension is still a loss making company, the tech boom on Wall Street sees investors solidly behind the Israeli company. The latest capital raised is through 39.1 million shares at $12.80 per share, an 18% discount on the company s closing price on Wall Street at the end of the last trading session. This is up from $9.50 when Nano Dimension raised $657 million last month. ....
Israeli 3D printing co Nano Dimension set for major acquisition The company has raised another $250 million on Nasdaq, bringing to $657 million the amount raised since September. Israeli electronic components 3D printing company Nano Dimension (Nasdaq: NNDM), which has raised an additional $250 million on Wall Street, looks set to make a large acquisition. Despite having negligible revenue, the company has raised $590 million in four offerings in the past month and has raised $657 million since the end of the third quarter as it takes advantage in the boom in tech shares on Wall Street. The company s share price has risen 1,300% since March to give a market cap of $1.2 billion. The company s market cap is similar to that of another Israeli 3D printing company Stratasys Inc. (Nasdaq: SSYS), which had revenue of nearly $400 million between January and September 2020, while Nano Dimension had revenue of $1.5 million during that time. ....