Stratasys Confirms Receipt Of Unsolicited Preliminary Proposal From Nano Dimension At $16.50/Share, Reaffirms Strategic Review For Shareholder Benefit

Author: Benzinga Newsdesk | December 26, 2023 01:59am

Stratasys Ltd. (NASDAQ:SSYS) ("Stratasys" or the "Company"), a leader in polymer 3D printing solutions, today confirmed that it has received a preliminary proposal from Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano") to purchase all the outstanding shares of Stratasys it does not currently own for $16.50 per share in cash.

As previously announced on September 28, 2023, the Stratasys Board of Directors, in consultation with its independent financial and legal advisors, initiated a process to explore strategic alternatives for the Company. The Stratasys Board will carefully review and consider Nano's unsolicited preliminary proposal as part of this process.

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