Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
January 05 2022 - 9:13AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
under
the Securities Exchange Act of 1934
For
the month of: January 2022 (Report No. 2)
Commission
file number: 001-37600
NANO
DIMENSION LTD.
(Translation
of registrant’s name into English)
2
Ilan Ramon
Ness
Ziona 7403635 Israel
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(1):_____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulations S-T Rule 101(b)(7):_____
CONTENTS
On
January 4, 2022, Nano Dimension Ltd. (the “Company”) entered into, and simultaneously closed, a share purchase agreement
(the “Share Purchase Agreement”) with the shareholders of Global Inkjet Systems Ltd. (“Selling Shareholders”
and “GIS,” respectively) to purchase GIS, by way of a share purchase of all of the issued and outstanding share capital of
GIS. At the closing, the Company paid the Selling Shareholders for their shares £17,441,000 in cash (approximately $23,371,0000)
in immediately available funds, of which £2,200,000 (approximately $2,948,000) was deposited in escrow for a period of 36 months
in connection with certain indemnification obligations of the Selling Shareholders pursuant to the Share Purchase Agreement. In addition,
the Selling Shareholders are entitled to deferred consideration of £1,000,000 (approximately $1,340,000), to be paid on April 1,
2024 and may be entitled to an earn-out consideration (the “Earn-Out Consideration”) in an aggregate amount of up to £7,000,000
(approximately $9,380,000), subject to meeting certain EBITDA performance targets in the fiscal year ending on March 31, 2022, and revenues
and gross profit performance targets in the fiscal year ending on March 31, 2023. Additionally, the Selling Shareholders identified as
key management need to remain engaged by the Company during the aforementioned earn-out/deferred compensation period(s).
This
Report on Form 6-K is incorporated by reference into the registration statements on Form F-3 (File No. 333-233905 and 333-251155)
and Form S-8 (File No. 333-214520 and 333-248419)
of the Company, filed with the Securities and Exchange Commission (“SEC”), to be a part thereof from the date on which this
report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
Forward
Looking Statements
This
Report on Form 6-K contains 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. For example, the Company is using forward-looking statements
in this report when it discusses the potential for additional payments to the shareholders of GIS. Because such statements deal with
future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties. Actual
results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this
report. The forward-looking statements contained or implied in this report are subject to other risks and uncertainties, including market
conditions and the satisfaction of all conditions to any additional payments to the shareholder of GIS, as well as those discussed under
the heading “Risk Factors” in the Company’s annual report on Form 20-F filed with the SEC on March 11, 2021, and in
any subsequent filings with the SEC. Except as otherwise required by law, the Company 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.
*
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Certain identified information
in the exhibit has been excluded from the exhibit because it is both (i) not material and (ii) would likely cause competitive harm
to Nano Dimension Ltd. if publicly disclosed.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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Nano Dimension Ltd.
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(Registrant)
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Date: January 5, 2021
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By:
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/s/ Yael Sandler
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Name:
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Yael Sandler
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Title:
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Chief Financial Officer
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2
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