Shares of Nano Dimension (NNDM) plummeted 5.27% in Tuesday's pre-market session, as the company finds itself embroiled in a high-stakes proxy fight with activist shareholder Murchinson Ltd. over control of the board.
Murchinson, which owns around 7.1% stake in the 3D printing company, is pushing for board changes at Nano Dimension's upcoming annual shareholder meeting on December 6th. The activist group wants shareholders to vote against re-electing CEO Yoav Stern and reject his proposed compensation package.
However, Nano Dimension is urging investors to support their proposals, including re-electing Stern and director Michael Garrett. The company argues that having more Murchinson nominees on the board will "paralyze" Nano Dimension's strategy and prevent maximizing long-term shareholder value. Notably, proxy advisory firms ISS, Glass Lewis and Egan-Jones have recommended voting in favor of Murchinson's proposals.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。