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Nano Dimension To Begin Trading On NASDAQ On Monday March 7, 2016
Nano Dimension (TASE:NNDM,OTCQX:NNDMY) announced it will uplist its Depositary Shares (ADSs) to the NASDAQ Capital Market. Trading of the Company’s ADS on the NASDAQ Capital Market will begin on March 7, 2016 under the symbol “NNDM”.
Nano Dimension (TASE:NNDM,OTCQX:NNDMY) announced it will uplist its Depositary Shares (ADSs) to the NASDAQ Capital Market. Trading of the Company’s ADS on the NASDAQ Capital Market will begin on March 7, 2016 under the symbol “NNDM”.
The Bank of New York Mellon is serving as depositary for the ADSs and each ADS represents 5 ordinary shares of the Company. Ordinary shares will continue to trade on the Tel Aviv Stock Exchange under the symbol “NNDM”.
Nano Dimension CEO, Amit Dror, stated:
Becoming a NASDAQ-listed company is an important step in our overall corporate development strategy as we look to increase awareness of Nano Dimension within the U.S. investment community and expand our presence in the U.S. market. This listing adds to recent milestones for Nano Dimension, including the confidence placed in our products by top-tier U.S.-based beta customers, a manufacturing agreement with Flextronics, new patent applications to further solidify our leadership position in the industry, as well as recent research grant approval from Israel’s Chief Scientist. As we list our ADSs on NASDAQ, our ability to communicate our progress with a broader audience, raise the visibility of our strategy, and generate more value for our shareholders will improve significantly.
Connect with Nano Dimension (TASE:NNDM,OTCQX:NNDMY) to receive an Investor Presentation.
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