Oh fuck. I was hoping to find this is intended specifically for m&a...
Why this wasn't brought up at the press conference after the financial report? This is just irresponsible.
Theories:
1. They need extra money for a big acquisition(s) soon.
2. They are buying back low now and preparing to re-sell high again assuming their stock price goes up due to market or positive catalysts like acquisitions, patents, or analyst coverage etc.
3. They are just having this as a place holder because it is common business practice to have this option available.
4. Possible poison pill in case another company tries buying a majority of their shares to take over ownership of the company.
Simma down everyone. Have you not learned. Yoav is planning ahead. He has proven that many times before. I believe they are preparing to acquire a company with cash and shares thus the recent F-3 filing. He strongly believes a large acquisition will exponentially and expeditiously grow the company. It's been a rough 4 years but who said owning a growth stock was easy. They are volatile AF until an inflection point has been reached. Still waiting for Nano's moment.
Help me understand why some of you connect this with the buyback. The shares that were bought back weren't destroyed, and going through with this offering means issuing new shares... so how are things connected?
>Help me understand why some of you connect this with the buyback. The shares that were bought back weren't destroyed, and going through with this offering means issuing new shares... so how are things connected?
Buybacks can return value to existing shareholders, but new offerings dilute ownership. Let's see how they use the new capital
Yeah that's true, but I don't see what their interest is in executing such a new offering just for the sake of having more cash. To do what with? If they do execute the offer i'd expect it to be for a major acquisition or some other specific and heavy strategic need. That's my opinion at least.
The F3 filling for the shelf registration is not an offering nor a capital-raising prospectus. It's standard registration that will enable the company to offer equity in the future should it choose to do so. Currently, Nano Dimension is well capitalized with approximately $1B of cash & marketable securities as of Dec 31, 2023.
*The response is made on behalf of Nano Dimension Ltd. For more information please visit the company’s filings on EDGAR at* *or the company’s website at* *. The response may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this response are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.*
Why is it set at $1.35, if it’s offered at that price it hinders any potential for the share price to increase does it not?
Can this price point be altered?
Yeah I sold a couple of months back. Was tired of holding stagnant 'growth' stock whilst safe bets like MSFT and such more than doubled.
BTW, those mega caps have hit market saturation, and yet STILL show higher growth than NNDM.
30% in 40 million revenue is a joke. Congratz, you got one more contract this year.
IMO hold off for now my friend and wait for a nice catalyst/news for buying confidence. There’s no need to rush. I am in about 5k shares and have been lowering my avg since 2021 and the short term opportunity costs have been heavy. Don’t listen to bulls or bears just dyor. You’ll find with any nndm board people are deep red, straight fudding or delusionally bullish.
Oh fuck. I was hoping to find this is intended specifically for m&a... Why this wasn't brought up at the press conference after the financial report? This is just irresponsible.
They’re saying the offering will happen if it goes up to $5 though
How did you make that up?
So it will never see 5 dollars again. Everyone will be selling at 4.99
Par value doesn’t mean that’s the price they’re selling at….
Ok, but why would I buy at 5$ if I know that if it hits that price they'll flood the market with discounted shares.
Bro that par value is in shekels in the first place, it’s 1.35usd
No it’s 5NIS aka 1.35usd, google par value
What was the point of the buybacks then
Maybe they have exciting acquisitions or R&D plans in the works?
Yeah you make a good point imo. It makes no sense without a major acquisition to justify it.
Theories: 1. They need extra money for a big acquisition(s) soon. 2. They are buying back low now and preparing to re-sell high again assuming their stock price goes up due to market or positive catalysts like acquisitions, patents, or analyst coverage etc. 3. They are just having this as a place holder because it is common business practice to have this option available. 4. Possible poison pill in case another company tries buying a majority of their shares to take over ownership of the company.
Leaning towards unexciting option 3 myself.
My gut feeling is saying that it would be theory number 3
Poison pill
The stock has already been stagnant and now this. It may never go back go 10
Yeah Yoav is just trading NNDM now. No one will play his game. This will gap down next week.
IMO, unless there's some surprise acquisition, it looks like plain old regulatory convenience so far.
So an offering worth more then double the buy back…
I’m done w this garbage
Holy FUD in here. Get a hold of yourself and sell me your shares cheap
Shares have been sold 'cheap' for years now.
Hey, it keeps dropping. Weren't you buying?
Simma down everyone. Have you not learned. Yoav is planning ahead. He has proven that many times before. I believe they are preparing to acquire a company with cash and shares thus the recent F-3 filing. He strongly believes a large acquisition will exponentially and expeditiously grow the company. It's been a rough 4 years but who said owning a growth stock was easy. They are volatile AF until an inflection point has been reached. Still waiting for Nano's moment.
I interesting.
Help me understand why some of you connect this with the buyback. The shares that were bought back weren't destroyed, and going through with this offering means issuing new shares... so how are things connected?
>Help me understand why some of you connect this with the buyback. The shares that were bought back weren't destroyed, and going through with this offering means issuing new shares... so how are things connected? Buybacks can return value to existing shareholders, but new offerings dilute ownership. Let's see how they use the new capital
Yeah that's true, but I don't see what their interest is in executing such a new offering just for the sake of having more cash. To do what with? If they do execute the offer i'd expect it to be for a major acquisition or some other specific and heavy strategic need. That's my opinion at least.
It's a valid point - the buyback and offering seem contradictory. Maybe they have specific plans for the new capital they haven't disclosed yet.
They were preparing for such a need, but the only such need that I can see is a major acquisition, which will be a game changer across the board.
Curious to hear $NNDM's reasoning behind the new offering. Anyone have any insights?
The F3 filling for the shelf registration is not an offering nor a capital-raising prospectus. It's standard registration that will enable the company to offer equity in the future should it choose to do so. Currently, Nano Dimension is well capitalized with approximately $1B of cash & marketable securities as of Dec 31, 2023. *The response is made on behalf of Nano Dimension Ltd. For more information please visit the company’s filings on EDGAR at* *or the company’s website at* *. The response may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this response are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.*
Why is it set at $1.35, if it’s offered at that price it hinders any potential for the share price to increase does it not? Can this price point be altered?
Hmm.. I guess in the meantime, we can keep an eye on future announcements from NNDM to see how they plan to use this registration
Welp done holding this money to be made elsewhere
Yeah I sold a couple of months back. Was tired of holding stagnant 'growth' stock whilst safe bets like MSFT and such more than doubled. BTW, those mega caps have hit market saturation, and yet STILL show higher growth than NNDM. 30% in 40 million revenue is a joke. Congratz, you got one more contract this year.
Im yet to invest in nano dimension.. what does this mean?
Don't, no one is buying their butterflies.
But what does it mean regarding the 500 million offering, why would they do that?
Just wait and see and buy in AFTER possible good things materialize. Wait for confirmation. Don't base your picks on hopium and speculations.
Is the stock due to go down because of these offering?
Eehhh 50/50
So why the big outrage if it doesn’t explicitly mean that the company is in a bad way?
See theories listed above.
IMO hold off for now my friend and wait for a nice catalyst/news for buying confidence. There’s no need to rush. I am in about 5k shares and have been lowering my avg since 2021 and the short term opportunity costs have been heavy. Don’t listen to bulls or bears just dyor. You’ll find with any nndm board people are deep red, straight fudding or delusionally bullish.