This week the Israeli company announced that it received all approvals needed to uplist its Depositary Shares (ADSs) to the NASDAQ Capital Market.
Nano Dimension will be listed for trading under the stock symbol NNDM. Ordinary shares will continue to trade on the Tel Aviv Stock Exchange.
“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,” said Amit Dror, Chief Executive Officer, Nano Dimension. “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 the 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,” concluded Mr. Dror.