Murchinson Refutes Nano Dimension's Latest False and Misleading Claims

Business Wire 15-Nov-2024 8:00 AM

Sets the Record Straight by Providing the Facts Regarding Nano's Underperformance, Failed Capital Allocation Strategy, Dilutive M&A and Worst-in-Class Corporate Governance

Corrects Distortions and Misrepresentations in Nano's Recent Public Materials Regarding Murchinson's Intentions and Nominees' Skills and Experience

Urges Shareholders to Elect Murchinson's Highly Qualified and Fully Independent Nominees – Ofir Baharav and Robert Pons – to Finally End the Status Quo of Value Destruction

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 an investor presentation refuting the false and misleading claims contained in Nano's recent public materials. Murchinson has nominated two highly qualified director nominees – Ofir Baharav and Robert Pons – for election to the Nano Board of Directors (the "Board") at the upcoming 2024 Annual General Meeting of Shareholders (the "Annual Meeting") scheduled for December 6, 2024.

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As a reminder, Murchinson released a comprehensive presentation earlier this week detailing the urgent need for further change in the Nano boardroom. Shareholders can view the presentation and additional important materials at www.SaveNanoDimension.com.

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.

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