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Home / Business / After the company sold shares at a discounted price, Nano Dimension’s stock price fell 12%.

After the company sold shares at a discounted price, Nano Dimension’s stock price fell 12%.



Nano Dimension Ltd. NNDM stock,
+ 0.46%,
The Israel-based 3D printing company fell 12% in premarket trading on Monday after the company issued shares at a discount. Nano Dimension stated that it has sold 33.3 million ADS shares at a price of $7.50 per ADS through registered direct issuance, which is lower than its closing price of $8.81 on Friday. The proceeds will be used for working capital and general corporate purposes, including potential transactions. As of 2020, the stock has risen 248%, while the S&P 500 SPX,
+ 0.35%
An increase of 16%.


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