Waltham, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano” or the “Company”), a supplier of Additive Manufacturing solutions, today announced changes in the composition of its Board of Directors (the “Board”). Nano’s Board currently consists of four members: Messrs. Ofir Baharav, Robert Pons, Dr. Joshua Rosensweig and Kenneth Traub. Mr. Baharav has been appointed as Chairman of the Board. Dr. Joshua Rosensweig will serve as the Chairman of the Company’s Audit Committee and Mr. Robert Pons will serve as the Chairman of the Company’s Compensation Committee. In light of the previously announced results of the Company’s 2024 annual general meeting of shareholders, dated December 6, 2024 (the "AGM") and the previously announced ruling of the Israeli central region district court in Lod, dated November 21, 2024 (the "Court Ruling") regarding Nano’s extraordinary general meeting of shareholders held on March 20, 2023 (the “EGM”), Dr. Yoav Nissan-Cohen, Messrs. Eitan Ben-Eliahu, Oded Gera, Roni Kleinfeld, Chris Moran and Mrs. Georgette Mosbacher have resigned from the Board, effective immediately. Messrs. Baharav and Pons were elected to the Board following the AGM results and replaced the seats formerly occupied by Messrs. Yoav Stern and Michael X. Garrett. Messrs. Rosensweig and Traub were elected to the Board at the EGM, but since the Company had contested the legality of the EGM, they joined the Board immediately after the Court Ruling, which determined, among other matters, that the EGM was duly held and the vote that elected them to the Board was consequently valid. The Board commented that: “As a newly reconstituted Board, we are committed to strong corporate governance and executing plans to maximize long-term value for shareholders.” Biographies Ofir Baharav Mr. Baharav is a seasoned senior executive with a career spanning more than two decades in product development for the technology and 3D printing sector. In his various executive roles, he has focused on M&A, operational improvements, corporate governance and enhancing shareholder value. Mr. Baharav previously served as Chairman of the Board from 2019 to 2021 and as a director in the Company from 2015 to 2021. Prior to Nano, from 2014 to 2015, Mr. Baharav was the VP of Product Management of Stratasys Ltd.. In 1999, Mr. Baharav founded RelayHealth Corporation and served as their Chief Executive Officer until it was acquired by McKesson Corp. in 2006. Mr. Baharav currently serves as Chief Executive Officer of Maxify Solutions, Inc., which he founded in 2022 to acquire the assets of Breezer Holdings LLC and SimiGon Inc.. Robert (Bob) Pons Mr. Pons has over four decades of experience as a Chief Executive Officer and senior executive in high growth companies. He brings significant corporate governance expertise, having served on the boards of more than sixteen publicly traded companies. Mr. Pons previously served as the President and the Chief Executive Officer of Spartan Advisors, Inc., a management consulting firm specializing in telecom and technology companies. Prior to that, Mr. Pons served as the Executive Vice President of PTGi-ICS, a wholly owned subsidiary of HC2 Holdings, Inc., a publicly traded holding company operating subsidiaries in infrastructure, telecom, construction, energy, technology, gaming and life sciences. Pons’ public board experience includes roles as Executive Chairman of SeaChange International, Inc. as well as Director at CCUR Holdings, Inc., Alaska Communications, Inc., Inseego Corp. and MRV Communications, Inc.. Dr. Joshua Rosensweig Dr. Rosensweig has over four decades of experience as a legal professional, with significant experience in corporate governance and enhancing shareholder value as an executive and director at Israel-based public companies. Dr. Rosensweig is the founder and senior partner of Rosensweig & Co., a boutique law firm based in Tel Aviv. Between 2012 and 2013, Dr. Rosensweig was head of the tax department at Agmon & Co., and from 1999 until 2005, he served as a senior partner at Gornitzky & Co., where he led the international transactions and taxation practices. Since 2017, Dr. Rosensweig has been serving as a member of the board of directors of Israel Corporation. Previously, Dr. Rosensweig served on the board of directors of Bezeq Israel Telecommunication Corp. from 2010 until 2018. Additionally, Rosensweig served on the board of Alrov Properties and Lodgings Ltd. from 2010 until 2018 and has held leadership positions as Chairman of the board of directors of First International Bank of Israel from 2003 until 2006 and of Poalim IBI in 2013. Kenneth H. Traub Mr. Traub is a visionary and transformational corporate leader with a successful track record of building sustainable shareholder value. Mr. Traub has over 30 years of experience as a Chairman, Chief Executive Officer, director and active investor with a demonstrated record of accomplishment in driving strategic, financial, operational and governance improvements. Mr. Traub currently serves as the Executive Chairman of Comtech Telecommunications Corp, non-executive Chairman of Edgio, Inc, and Chairman of the Nominating and Governance Committee of the board of directors of Tidewater, Inc. Mr. Traub also served as the Managing Partner of Delta Value Advisors, a strategic consulting and investment advisory firm specializing in corporate governance and turnarounds, since 2019. Mr. Traub previously served as an independent director on the board of directors of numerous public companies, including DSP Group, Inc., an Israeli based manufacturer of multimedia chipsets for converged communications; MRV Communications, Inc., a telecommunications company with principal manufacturing facilities in Israel; Vitesse Semiconductor, Inc., a fabless semiconductor developer; Xyratex Ltd, a data storage company; MIPS Technologies, Inc., a semiconductor technology company; Intermolecular, Inc., a semiconductor materials supplier; and Phoenix Technologies, Inc., a leading supplier of firmware for computers, among others. Mr. Traub received the NACD Directorship Certification, which is awarded to directors who meet the highest standards of corporate governance according to the National Association of Corporate Directors. Mr. Traub received a BA from Emory College in 1983 and an MBA from Harvard Business School in 1988. About Nano Dimension Ltd. Nano Dimension (Nasdaq: NNDM) offers a variety of Digital Manufacturing technologies serving customers across vertical target markets such as aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. With its suite of digital manufacturing technologies, Nano Dimension is enabling its customers with prototyping and high-mix-low-volume production, along with IP security, design-for-manufacturing capabilities, and more sustainable means of fabrication. For more information, please visit https://www.nano-di.com/ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For example, Nano is using forward-looking statements in this press release when it discusses executing plans to maximize long-term value for shareholders. Such forward-looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. When used in this communication, the words “outlook,” “guidance,” “expects,” “believes,” “anticipates,” “should,” “estimates,” “may,” “will,” “intends,” “projects,” “could,” “would,” “estimate,” “potential,” “continue,” “plan,” “target,” or the negative of these words or similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these identifying words. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. Further, actual results, performance, or achievements of Nano could differ materially from those described in or implied by the statements in this communication. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano 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. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication. Nano is not responsible for the contents of third-party websites. Nano Dimension Contacts Investor: Julien Lederman, VP Corporate Development ir@nano-di.com Media: Kal Goldberg / Bryan Locke / Kelsey Markovich | NanoDimension@fgsglobal.com
Govt urged to ensure smooth gas supply to industry throughout winterSubscribe Search Search Sort by Relevance Title Date Subscribe ALBAWABA - Hamo Bika faces two-month prison sentence, sparking debates about music regulations. Also Read OnlyFans model Scarlet Vas gives birth to her stepbrother’s baby Following the security services' arrest of Hamo Bika in the Zamalek area for possessing a white shawl, initial investigations, and his escape from three court rulings, the first ruling in the Hamo Beka case resulted in a two-month prison sentence. This was due to the "Wesh Ghadab" party, which Hamo Beka threw in the Bitash area of Alexandria without a permit. The Musicians Syndicate, under the management of Hani Shaker, filed a report against him for hosting a party without a permit. Consequently, they sentenced him to two months in prison and upheld the conviction. The Alexandria General Prosecution Office also decided to deny the request to appeal the two-month prison sentence against Hamo Beka. The court ruling, which imposed a two-month prison sentence on Hamo Bika, guided this decision. The first-degree court's ruling faced an appeal in 2021, but the court denied the appeal, upholding the sentence. View this post on Instagram A post shared by محمد محمود مصطفى (@hamo_beka_official) Consequently, the Musicians Syndicate denied him parole and attempted reconciliation. In order to enforce the decision, we deported him and conducted the appropriate legal actions against him. A lawyer from the Musicians Syndicate, who was present for the investigative session, witnessed all these actions. hamo bika Instagram profile Hamo Bika, a popular mahraganat singer, rose to fame through his distinctive music style that resonates with millions in Egypt and the Middle East. Despite his legal troubles, Beka remains a significant figure in the underground music scene. Known for his vibrant performances and catchy tracks, he has a massive fan base on social media platforms. His controversies often spark public debate, highlighting the clash between traditional norms and modern musical expressions in Egypt. While his career faces ongoing challenges, his influence on the music scene remains undeniable. Zaid Qaissieh is a passionate English news and content writer with a knack for storytelling and an eye for detail. covering a range of Entertainment topics—from breaking global news and trending entertainment stories to insightful pieces—I bring a creative edge to every article. Zaid aims to engage, inform, and inspire readers, balancing well-researched content with a fresh, accessible voice. Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news Subscribe to our newsletter for exclusive updates and enhanced content Subscribe5 ways to tell if you’re on track for retirement — and 5 things to do if you need to catch up, according to expertsLong road ahead as Jets face scoreboard pressure in Wellington: The Lowedown
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Duke of York ‘ceased all contact’ with spy-accused man after concerns raisedUS Reveals 9th Telecom Victim in Salt Typhoon Hack, Looks to ‘Hold China Accountable’As the summer transfer window approaches, all eyes will be on both Manchester United and Arsenal to see how they navigate their respective recruitment processes. The decision-making of both clubs in the coming months could have a significant impact on their fortunes in the upcoming season, making the potential appointment of Dan Ashworth all the more intriguing for fans and observers alike.
AI voice scams are on the rise. Here's how to protect yourself.Ipswich Town lost 1-0 at Arsenal tonight. Stuart Watson gives his player grades. ARO MURIC Offside flag spared his blushes when Gabriel Jesus squeezed a shot in from the byline. Made a string of solid enough stops, though one push out could easily have led to a rebound goal. No major wobbles on the ball this time. 6 BEN JOHNSON Couldn’t stop the cross for Arsenal’s winning goal. Caught between playing two roles at times. Just 19 touches of the ball – a very low number for a full-back. 6 DARA O’SHEA Took the captain’s armband with Sam Morsy suspended and Conor Chaplin on the bench. Won five headers and blocked two shots. Big part of Town’s stubborn resistance. 8 LUKE WOOLFENDEN His first start since the home loss to Everton back on October 19. Read the game expertly at the heart of the back five, making five interceptions. Adventurous run at the start of the second half kickstarted a spell of pressure. 8 JACOB GREAVES Wasn’t far behind Woolfenden in terms of interceptions and clearances. Made one lunging block, but will feel he should have done better for the winning goal. Got his body position wrong as ball entered the box. 7 LEIF DAVIS A much more disciplined display. Stayed deep, competed physically and dealt with Martinelli well. 7 KALVIN PHILLIPS First appearance since red card against Leicester back on November 2. Cut off passing angles and snapped at heels. Encouraging. 7 JENS CAJUSTE Part of a solid set-up. Tried to carry the ball when he could. 6 OMARI HUTCHINSON Decision-making and execution wasn’t on point when Town had their rare breakaway opportunities. Helped with defensive structure though. 5 SAMMIE SZMODICS Couldn’t quite connect with a good chance inside the opening minute, then didn’t spot David Raya off his line right at the start of the second period. Town’s best two chances. Worked hard though. 5 LIAM DELAP Tried to ruffle feathers in his usual manner, but fed off scraps. Lost his man when Gabriel headed big chance wide. 5 JACK CLARKE (for Szmodics 71) Held the ball for too long when Town worked a good position. Decision-making needs to improve. 5 JACK TAYLOR (for Johnson 80) Injected some late energy, but why didn’t he shoot when the space opened up late on? 5 NATHAN BROADHEAD (for Cajuste 80) Another bright cameo. Showed some sharp touches. 6 ALI AL-HAMADI (for Delap 80) Showed his usual hustle and bustle. 5 HARRY CLARKE (for Woolfenden 90+1) Will have been keen to get on against the club Town signed him from. N/A
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