NEW YORK, Sept. 17, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Nano Dimension Ltd. (TASE: NNDM; OTCQX: NNDMY), an Israel-based manufacturer of cutting-edge 3D printing technology, has qualified to have its American Depositary Receipts (ADRs) trade on the OTCQX® Best Market.
Nano Dimension begins trading today on OTCQX under the symbol "NNDMY," where each ADR represents five ordinary shares. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are thrilled to welcome Nano Dimension to the OTCQX market," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will help Nano Dimension optimize the trading of its securities in the U.S. and increase its exposure to U.S. retail and institutional investors. We look forward to supporting Nano Dimension in its continued growth and success."
Amit Dror, CEO of Nano Dimension, said, "Trading on the OTCQX marks another milestone for our rapidly expanding company. The confidence that investors and early partners have shown in Nano Dimension and in our 3D printer as we move closer to the production stage is a testament to the product's unique value proposition in the market. We look forward to continuous growth as the company's ADRs become available to investors on this new upgraded platform."
BNY Mellon serves as Nano Dimension's Principal American Liaison ("PAL") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Nano Dimension is a 3-D printing technology group based in Israel. The company is engaged in researching, developing and manufacturing 3D printers and functional nano-material inks for printing electronics, in particular multi-layer PCBs (circuit boards). The company's primary ink products are conductive silver nano-particle inks and insulating nano-polymer inks. Both of these materials have applications beyond the 3D printing of PCBs. The company's jet printer system is a desktop inkjet deposition tool for printing 3D multi-layer circuit boards at home or office. The company's 3D printers are in advanced development stages, and a prototype printer is serving as a beta-testing system for leading industry partners.
About OTC Markets Group
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.
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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com
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