Saul Zelman's questions to Nano Dimension Ltd (NNDM) leadership • Q1 2024
Question
Saul Zelman from Jericho followed up on the Stratasys topic, asking when Nano Dimension might reassess its investment thesis and potentially cut losses on an underperforming position, and whether maintaining the stake creates a negative overhang for Nano.
Answer
CEO Yoav Stern clarified that the Stratasys holding is a strategic investment, not a market trade, and they have no intention to divest at this point. He emphasized that friendly discussions on cooperation are ongoing. Stern added that the position does not have a negative overhang on business operations, cash flow, or strategy, though accounting rules require marking the investment to market quarterly, which can create non-cash profit or loss volatility.