Murchinson Ltd. formally demanded a special general meeting at Nano Dimension Ltd. (NNDM). The activist investor currently holds a 7.4% stake in the company.
Proposed resolutions include declassifying the board and restricting poison pills without shareholder consent. Murchinson seeks mandatory shareholder approval for all transactions exceeding $50 million. The group also aims to replace several directors, including CEO David Stehlin, with its own nominees.
Nano Dimension shares climbed over 9% to $1.67 during a two-day period following the filing. This market reaction reflects investor interest in proposed governance reforms and increased oversight.