Company: NNDM
Filing Date: 2025-04-02
Form Type: 6-K
Source: 0001213900-25-027619
Chunk: 1

Company: Nano Dimension Ltd.
Filing Date: 2025-04-02
Form: 6-K
Chunk 1
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 a “Desktop Metal Stock Option”) that was outstanding, vested                   
 and unexercised immediately prior to the Effective Time was cancelled and converted into the right to receive an amount in cash equal    
 to the Per Share Merger Consideration in respect of the quotient obtained by dividing (a) the product of (i) the excess, if any, of the  
 Per Share Merger Consideration over the per share exercise price of such Desktop Metal Stock Option, multiplied by (ii) the number of    
 shares of Desktop Metal Common Stock subject to the vested portion of such Desktop Metal Stock Option immediately prior to the Effective 
 Time, by (b) the Per Share Merger Consideration, without interest and less applicable tax withholdings.                                  |
| ● | Each restricted stock unit award of Desktop Metal (a “Desktop Metal RSU Award”) outstanding                                              
 immediately prior to the Effective Time that was unvested was cancelled and replaced with a restricted stock unit award of the           
 Company (a “Replacement RSU Award”), on similar terms and conditions as were applicable to a Desktop Metal RSU Award                     
 under the applicable incentive award plan prior to the Effective Time, except the Replacement RSU Award shall vest pro-rata over the     
 three (3) years following the Closing Date (provided that certain holders of Desktop Metal RSU Awards will remain eligible for           
 double-trigger accelerated vesting under the Desktop Metal, Inc. Severance Plan). The number of Company Ordinary Shares, par value       
 NIS 5.00 per share (the “Company Ordinary Shares”) underlying a the Replacement RSU Award will be determined by                          
 multiplying the number of shares of Desktop Metal Common Stock covered by a Desktop Metal RSU Award immediately prior to the             
 Effective Time by the quotient obtained by dividing (a) the Per Share Merger Consideration by (b) the volume weighted average price      
 of an American depositary share of the Company (representing a beneficial interest in one (1) Company Ordinary Share) for the ten        
 (10) consecutive trading days ending on (and including) the trading day that was immediately preceding the day that was three (3)        
 days prior to the Closing Date, rounding down to the nearest whole number of shares; provided, however, that in no event shall the       
 number of Company Ordinary Shares underlying such Replacement RSU Awards exceed the Maximum ADS Amount (as defined in the Merger         
 Agreement).                                                                                                                              |
| ● | Each performance-based restricted stock unit award of Desktop Metal (each, a “Desktop Metal PSU Award”)