Nano Dimension Subsidiary Desktop Metal Files for Chapter 11 Bankruptcy Protection

Reuters

Jul 29

Nano Dimension Subsidiary <a href="https://laohu8.com/S/DM">Desktop Metal</a> Files for Chapter 11 Bankruptcy Protection

Nano Dimension Ltd., a prominent player in the Digital Manufacturing solutions sector, announced that its subsidiary, Desktop Metal, Inc., has filed for bankruptcy protection under Chapter 11. This decision was made by Desktop Metal's independent Board of Directors in an effort to address the company's significant liabilities and liquidity issues, which were attributed to previous management decisions. Nano Dimension's CEO, Ofir Baharav, emphasized that the move is part of a strategic effort to preserve the company's robust financial standing and capitalize on future opportunities from a position of strength.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nano Dimension Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-068316), on July 28, 2025, and is solely responsible for the information contained therein.

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ID: 0001213900-25-068316), on July 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NNDM","symbol_name":"Nano Dimension Ltd.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250728:nNDL8RF6WX:1","article_id":"2555704533","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555704533","pubTimestamp":1753738198,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nano Dimension Ltd., a prominent player in the Digital Manufacturing solutions sector, announced that its subsidiary, Desktop Metal, Inc., has filed for bankruptcy protection under Chapter 11. 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Nano Dimension Ltd. published the original content used to generate this news bri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NNDM":"Nano Dimension Ltd.","DM":"Desktop Metal Inc","BK4170":"电脑硬件、储存设备及电脑周边","BK4161":"工业机械","BK4546":"3D打印"},"translate_title":"Nano Dimension子公司Desktop Metal申请第11章破产保护","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DM":0.9,"NNDM":0.9},"content_text":"Nano Dimension Subsidiary Desktop Metal Files for Chapter 11 Bankruptcy Protection\n    \n\nNano Dimension Ltd., a prominent player in the Digital Manufacturing solutions sector, announced that its subsidiary, Desktop Metal, Inc., has filed for bankruptcy protection under Chapter 11. This decision was made by Desktop Metal's independent Board of Directors in an effort to address the company's significant liabilities and liquidity issues, which were attributed to previous management decisions. Nano Dimension's CEO, Ofir Baharav, emphasized that the move is part of a strategic effort to preserve the company's robust financial standing and capitalize on future opportunities from a position of strength.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nano Dimension Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-068316), on July 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"corporation,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}