Nano Dimension board rejects Murchinson’s bid to replace three directors; strategic review continues

Nano Dimension Ltd.

Murchinson filed an amended Schedule 13D, seeking to replace three of five directors, including two it previously nominated and the CEO.
Board rejects the move, stating Murchinson seeks control without paying a premium or presenting a value-creation plan.
Director Andy Sriubas said he will not serve on a board controlled by Murchinson; director Phillip Borenstein disagrees with the letter.
Board invited Murchinson founder Marc Bistricer to join the board under a cooperation agreement; he never responded.
Strategic alternatives review process is ongoing and expected to conclude in the near future to maximize shareholder value.

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