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    Sol Zelman • Jerry Care

    Sol Zelman's questions to Nano Dimension Ltd (NNDM) leadership

    Sol Zelman's questions to Nano Dimension Ltd (NNDM) leadership • Q3 2024

    Question

    Sol Zelman of Gericare inquired about the risk of activist investors derailing the pending acquisitions of Desktop Metal and Markforged, and asked for more detail on the CFIUS regulatory review process and its implications for shareholders.

    Answer

    Executive Yoav Stern explained that CFIUS is a standard regulatory review, with the process for Desktop Metal nearly complete and the Markforged review expected to be shorter. Regarding the activist threat, Stern downplayed the risk, stating that the deals are legally committed and the activists would only have a minority on the board. While acknowledging he is always cautious, he relayed that legal advisors have assured him the transactions cannot be derailed.

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    Sol Zelman's questions to Nano Dimension Ltd (NNDM) leadership • Q2 2024

    Question

    Sol Zelman asked what gross margin level would signal a sustainable recovery for the 3D printing industry, suggesting 60%. He also questioned if the company was no longer interested in Stratasys and, if so, why the previous offer hasn't been officially withdrawn to remove the stock overhang.

    Answer

    Executive Yoav Stern agreed that for new technologies, a gross margin approaching 60% is necessary for profitability, while 40-45% is acceptable for more traditional industries. Regarding Stratasys, Stern stated the investment remains strategic and that while the old offer is irrelevant, the potential for a future relationship is still there. He noted his current relationship with Stratasys's CEO is 'very friendly,' suggesting a future cooperation is possible.

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