CUSIP No. 63008G203
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Page 2 of 8
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1
|
NAME
OR REPORTING PERSON
Stern
YOI Ltd. Partnership
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
3
|
SEC
USE ONLY
|
4
|
SOURCE
OF FUNDS
PF
|
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
☐
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6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Nevada
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
0
|
8
|
SHARED
VOTING POWER
31,072,918 (1)
|
9
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SOLE
DISPOSITIVE POWER
0
|
10
|
SHARED
DISPOSITIVE POWER
31,072,918
(1)
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
31,072,918
|
12
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES
|
☐
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.1% (2)
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14
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TYPE
OF REPORTING PERSON
PN
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(1)
|
Includes
1,954,735 ordinary shares, par value NIS 5.00, of Nano Dimension Ltd. (the “Ordinary Shares” and the “Issuer”,
respectively), 1,376,080 warrants to purchase Ordinary Shares at an exercise price of $0.75 per share exercisable within 60 days,
and 27,742,103 Series B warrants to purchase Ordinary Shares at an exercise price of $6.16 per share exercisable within 60 days.
Stern YOI Ltd. Partnership (“YOI”) also holds warrants to purchase 3,440,201 Ordinary Shares at an exercise price of
$0.75 per share that are not exercisable within 60 days. YOI’s warrants have an expiration date in August 2027.
|
|
|
(2)
|
Based
on a total of 256,489,283 Ordinary Shares of the Issuer outstanding as of May 9, 2021 (based on the Issuer’s registration
statement on Form F-3 filed with the Securities and Exchange Commission (the “SEC”) on May 10, 2021).
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CUSIP No. 63008G203
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Page 3 of 8
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1
|
NAME
OR REPORTING PERSON
Yoav
Stern Separate Property Trust
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
3
|
SEC
USE ONLY
|
4
|
SOURCE
OF FUNDS
PF
|
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
☐
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION:
Florida
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
0
|
8
|
SHARED
VOTING POWER
31,072,918 (1)
|
9
|
SOLE
DISPOSITIVE POWER
0
|
10
|
SHARED
DISPOSITIVE POWER
31,072,918
(1)
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
31,072,918
|
12
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES
|
☐
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.1% (2)
|
14
|
TYPE
OF REPORTING PERSON
OO
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(1)
|
Yoav
Stern Separate Property Trust is deemed to beneficially own the 31,072,918 Ordinary Shares held in the name of YOI in its capacity
as general partner of YOI. Includes 1,954,735 Ordinary Shares, 1,376,080 warrants to purchase Ordinary Shares at an exercise price
of $0.75 per share exercisable within 60 days, and 27,742,103 Series B warrants to purchase Ordinary Shares at an exercise price
of $6.16 per share exercisable within 60 days. YOI also holds warrants to purchase 3,440,201 Ordinary Shares at an exercise price
of $0.75 per share that are not exercisable within 60 days. YOI’s warrants have an expiration date in August 2027.
|
|
|
(2)
|
Based
on a total of 256,489,283 Ordinary Shares of the Issuer outstanding as of May 9, 2021 (based on the Issuer’s registration
statement on Form F-3 filed with the SEC on May 10, 2021).
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CUSIP No. 63008G203
|
Page 4 of 8
|
1
|
NAME
OR REPORTING PERSON
Yoav
Stern
|
2
|
CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a)
☐
(b)
☐
|
3
|
SEC
USE ONLY
|
4
|
SOURCE
OF FUNDS
PF
|
5
|
CHECK
IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
|
☐
|
6
|
CITIZENSHIP
OR PLACE OF ORGANIZATION:
State
of Israel
|
NUMBER
OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH
|
7
|
SOLE
VOTING POWER
0
|
8
|
SHARED
VOTING POWER
31,072,918 (1)
|
9
|
SOLE
DISPOSITIVE POWER
0
|
10
|
SHARED
DISPOSITIVE POWER
31,072,918
(1)
|
11
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
31,072,918
|
12
|
CHECK
IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES CERTAIN SHARES
|
☐
|
13
|
PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.1% (2)
|
14
|
TYPE
OF REPORTING PERSON
IN
|
(1)
|
Yoav
Stern is deemed to beneficially own the 31,072,918 Ordinary Shares held in the name of YOI in Mr. Stern’s capacity as the managing
member of YOI and sole trustee of Yoav Stern Separate Property Trust. Includes 1,954,735 Ordinary Shares, 1,376,080 warrants to purchase
Ordinary Shares at an exercise price of $0.75 per share exercisable within 60 days, and 27,742,103 Series B warrants to purchase
Ordinary Shares at an exercise price of $6.16 per share exercisable within 60 days. Mr. Stern also beneficially owns warrants to
purchase 3,440,201 Ordinary Shares at an exercise price of $0.75 per share that are not exercisable within 60 days. YOI’s warrants
have an expiration date in August 2027.
|
|
|
(2)
|
Based
on a total of 256,489,283 Ordinary Shares of the Issuer outstanding as of May 9, 2021 (based on the Issuer’s registration
statement on Form F-3 filed with the SEC on May 10, 2021).
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CUSIP No. 63008G203
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Page 5 of 8
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Item
1. Security and Issuer.
This
statement relates to the Ordinary Shares of the Issuer. The address of the principal executive offices of the Issuer is 2 Ilan Ramon,
Ness Ziona 7403635 Israel.
Item
2. Identity and Background.
The
persons filing this statement are Stern YOI Ltd. Partnership, a Nevada limited partnership, Yoav Stern Separate Property Trust, a trust
formed under the laws of Florida (“Stern Trust”), which is the general partner of YOI, and Yoav Stern, a citizen of the State
of Israel and the sole trustee of Stern Trust (“Mr. Stern” and, together with YOI and Stern Trust, the “Reporting Persons”).
The
business address of YOI and Stern Trust is 100 S. Birch Road, Suite 2504E, Fort Lauderdale, Florida 33316. The business address of Mr.
Stern is 13798 NW 4th Street, Suites 313-315, Sunrise, Florida 33325.
YOI
and Stern Trust are primarily engaged in the business of holding assets. Mr. Stern is the managing member of YOI and the sole trustee
of Stern Trust. As such, Mr. Stern can control the investment and voting decisions made by YOI. Mr. Stern’s present principal
occupation or employment is Chief Executive Officer and Chairman of the board of directors of the Issuer.
None
of the Reporting Persons has, during the past five years, (a) been convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors), or (b) been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as
a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting, or
mandating activities subject to, federal or state securities laws or a finding of any violation with respect to such laws.
Item
3. Source and Amount of Funds or Other Consideration.
The
Ordinary Shares to which this statement relates are those held directly in the name of YOI, those issuable upon the exercise of warrants
held by YOI at an exercise price of $0.75 per share, and those issuable upon the exercise of certain Series B warrants held by YOI at
an exercise price of $6.16 per ADS. The Series B warrants were purchased by YOI on May 24, 2021 for $50,000 pursuant to the terms of
the Securities Purchase Agreement, dated August 5, 2020, by and between the Issuer and YOI (the “Series B Warrants” and the
“Securities Purchase Agreement”, respectively). A copy of the Securities Purchase Agreement is filed as Exhibit 1 of this
Schedule 13D and is incorporated by reference herein.
On
August 5, 2020, the Issuer and Mr. Stern entered into a transaction (the “Stern Transaction”), whereby at any time after
the initial closing date of the Stern Transaction, and so long as Mr. Stern is employed by the Issuer or is a member of the Issuer’s
board of directors, Mr. Stern may, in his sole discretion, elect to purchase one or more Series B Warrants in a subsequent closing or
a series of subsequent closings of the Stern Transaction, as applicable, whereby the coverage percentage of each such Series B Warrant,
or CPW, in terms of the Issuer’s share capital on a fully diluted basis (effective as of the time of purchase of each Series B
Warrant), shall be as indicated by Mr. Stern per each such subsequent closing; provided however, that the sum of all CPW in the aggregate
under all Series B Warrants (as separate figures and without regard to the number of shares reflected by each such CPW) shall not
exceed 10%. On May 24, 2021, upon acquisition of the Series B Warrants, the CPW was 10%.
The
exercise price per Ordinary Share, each represented by one ADS, under the Series B Warrants will be the average of the daily volume weighted
average price of the ADSs for the 10 consecutive trading days ending on the trading day that is immediately prior to the date of the
applicable Subsequent Closing Purchase Notice, as defined in the applicable Securities Purchase Agreement, and may be exercised by cashless
exercise. Accordingly, upon acquisition of the Series B Warrants on May 24, 2021, the exercise price was set at $6.16 per ADS, for 27,742,103
ADSs.
The
aggregate purchase price of the Series B Warrants, assuming the full purchase of all Series B Warrants was $50,000, which YOI paid on
May 24, 2021.
CUSIP No. 63008G203
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Page 6 of 8
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Item
4. Purpose of Transaction.
The
Reporting Persons acquired the Series B Warrants for investment purposes and in consideration for Mr. Stern’s services as
Chief Executive Officer and Chairman of the board of directors of the Issuer.
In
pursuing these purposes, the Reporting Persons may further purchase, hold, trade, dispose or otherwise deal in securities of the Issuer.
The Reporting Persons have no current plans or proposals which relate to or would result in (a) an acquisition by any person of additional
securities of the Issuer, or the disposition by any person of securities of the Issuer; (b) an extraordinary corporate transaction, such
as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount
of assets of the Issuer or of any of its subsidiaries; (d) any change in the present board of directors or management of the Issuer,
including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) any material
change in the present capitalization or dividend policy of the Issuer; (f) any other material change in the Issuer's business or corporate
structure; (g) changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions with may impede the
acquisition of control of the Issuer by any person; (h) causing a class of securities of the Issuer to be delisted from a national securities
exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
(i) a class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the
Securities Exchange Act of 1934, as amended; or (j) any action similar to any of those enumerated herein. The Reporting Persons may,
at any time and from time to time, review or reconsider his position and formulate plans or proposals with respect thereto.
Item
5. Interest in Securities of the Issuer.
The
aggregate percentage of Ordinary Shares beneficially owned by the Reporting Persons herein is based upon 256,489,283 Ordinary Shares
of the Issuer outstanding as of May 9, 2021, which is the total number of Outstanding Shares as reported in the Issuer’s registration
statement on Form F-3 filed with the SEC on May 10, 2021.
YOI
may be deemed to beneficially own 31,072,918 Ordinary Shares, constituting approximately 12.1% of the outstanding Ordinary Shares of
the Issuer, which includes 1,954,735 Ordinary Shares, 1,376,080 warrants to purchase Ordinary Shares at an exercise price of $0.75 per
share exercisable within 60 days, and 27,742,103 Series B Warrants to purchase Ordinary Shares at an exercise price of $6.16 per share
exercisable within 60 days. YOI also holds warrants to purchase 3,440,201 Ordinary Shares at an exercise price of $0.75 per share that
are not exercisable within 60 days. YOI’s warrants have an expiration date in August 2027. Mr. Stern, in his capacity as the
managing member of YOI, has shared voting power and shared dispositive power with regard to the 31,072,918 Ordinary Shares represented
by ADSs owned by YOI.
Stern
Trust, in its capacity as general partner of YOI, may be deemed to beneficially own 31,072,918 Ordinary Shares held by YOI, constituting
approximately 12.1% of the outstanding Ordinary Shares of the Issuer, which includes 1,954,735 Ordinary Shares, 1,376,080 warrants to
purchase Ordinary Shares at an exercise price of $0.75 per share exercisable within 60 days, and 27,742,103 Series B Warrants to purchase
Ordinary Shares at an exercise price of $6.16 per share exercisable within 60 days. Stern Trust may also be deemed to beneficially own
warrants held by YOI to purchase 3,440,201 Ordinary Shares at an exercise price of $0.75 per share that are not exercisable within 60
days. The warrants have an expiration date in August 2027.
CUSIP No. 63008G203
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Page 7 of 8
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Mr.
Stern, in his capacity as managing member of YOI and sole trustee of Stern Trust, may be deemed to beneficially own 31,072,918 Ordinary
Shares held by YOI, constituting approximately 12.1% of the outstanding Ordinary Shares of the Issuer, which includes 1,954,735 Ordinary
Shares, 1,376,080 warrants to purchase Ordinary Shares at an exercise price of $0.75 per share exercisable within 60 days, and 27,742,103
Series B Warrants to purchase Ordinary Shares at an exercise price of $6.16 per share exercisable within 60 days. Mr. Stern may also
be deemed to beneficially own warrants held by YOI to purchase 3,440,201 Ordinary Shares at an exercise price of $0.75 per share that
are not exercisable within 60 days. The warrants have an expiration date in August 2027.
Other
than the Series B Warrants, none of the Reporting Persons have engaged in any transactions with respect to the Ordinary Shares during
the past sixty (60) days.
Item
6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
Mr.
Stern serves as the Chief Executive Officer and Chairman of the board of directors of the Issuer. Mr. Stern also serves as the managing
member of YOI and the sole trustee of Stern Trust, the general partner of YOI. In consideration for Mr. Stern’s services with respect
to the Issuer, YOI and the Issuer entered into the Securities Purchase Agreement, which is filed as Exhibit 1 to this Schedule 13D. See
Item 3 of this Schedule 13D for further information about the Securities Purchase Agreement.
Other
than the Securities Purchase Agreement, there are no contracts, arrangements, understandings or relationships among the Reporting Persons
and between such persons and any person with respect to any securities of the Issuer, including but not limited to transfer or voting
of any of the securities, finders’ fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, divisions
of profits or losses, or the giving or withholding of proxies, except for sharing of profits.
Item
7. Material to Be Filed as Exhibits.
CUSIP No. 63008G203
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Page 8 of 8
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SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete
and correct.
Date: June 29, 2021
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STERN YOI LTD. PARTNERSHIP
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/s/ Yoav Stern
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Name:
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Yoav Stern
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Title:
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Managing Member
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YOAV STERN SEPARATE PROPERTY TRUST
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/s/ Yoav Stern
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Name:
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Yoav Stern
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Title:
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Trustee
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/s/ Yoav Stern
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Yoav Stern
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