Company Announcements

Believes Shareholders Have Lost Faith in Management and the Board, Evidenced by the Company’s Persistent Negative Enterprise Value

Highlights the Approximately $600 Million Wasted by CEO Yoav Stern and the Current Board on Questionable Acquisitions that Have Destroyed Shareholder Value

Underscores the Current Board’s Inability to Hold Mr. Stern Accountable, Including by Supporting a Problematic Compensation Proposal that Would Award Mr. Stern Excessive Pay and Severance if He is Removed from the Board

Urges Shareholders to Vote for Murchinson’s Experienced and Independent Nominees, Ofir Baharav and Bob Pons, to Restore Accountability, Safeguard the Company’s Capital and Protect Shareholder Value

TORONTO--(BUSINESS WIRE)--Nov. 5, 2024-- Murchinson Ltd. (collectively with its affiliates and funds it advises and/or sub-advises, “Murchinson” or “we”), a significant shareholder with approximately 7.1% of the outstanding shares of Nano Dimension Ltd. (NASDAQ: NNDM) (“Nano” or the “Company”), today issued a letter to shareholders detailing the need for boardroom change.

The full text of the letter is available at www.SaveNanoDimension.com and can be viewed here.

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About Murchinson
Founded in 2012 and based in Toronto, Canada, Murchinson is an alternative asset management firm that serves institutional investors, family offices and qualified clients. The firm has extensive experience capturing the best returning opportunities across global markets. Murchinson’s multi-strategy approach allows it to execute investments at all points in the market cycle with fluid allocation between strategies. Our team targets corporate action, distressed investing, private equity and structured finance situations, leveraging its broad market experience with a variety of specialized products and sophisticated hedging techniques to deliver alpha within a risk-averse mandate. Learn more at www.murchinsonltd.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking information within the meaning of applicable securities laws. In general, forward-looking information refers to disclosure about future conditions, courses of action, and events. All statements contained in this press release that are not clearly historical in nature or that necessarily depend on future events are forward‐looking, and the use of any of the words “anticipates”, “believes”, “expects”, “intends”, “plans”, “will”, “would”, and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations of Murchinson and currently available information. Forward-looking statements are not guarantees of future performance, involve certain risks and uncertainties that are difficult to predict, and are based upon assumptions as to future events that may not prove to be accurate. Murchinson undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities legislation.

Disclaimer
The information contained or referenced herein is for information purposes only in order to provide the views of Murchinson and the matters which Murchinson believes to be of concern to shareholders described herein. The information is not tailored to specific investment objections, the financial situations, suitability, or particular need of any specific person(s) who may receive the information, and should not be taken as advice in considering the merits of any investment decision. The views expressed herein represent the views and opinions of Murchinson, whose opinions may change at any time and which are based on analyses of Murchinson and its advisors. In addition, the information contained herein is being publicly disclosed without prejudice and shall not be construed to prejudice any of Murchinson’s rights, demands, grounds and/or remedies under any contract and/or law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241105781966/en/

Okapi Partners LLC
Bruce Goldfarb / Chuck Garske
212-297-0720
info@okapipartners.com

Longacre Square Partners
Ashley Areopagita
murchinson@longacresquare.com

Source: Murchinson Ltd.