I like NNDM (3D Printing) as they are in addictive mfg which has not reached a critical
mass of adoption yet. I do like their technology and machines, there are quite a bit of product video in the nndm youtube channel. I bought mainly because of their Tech and there are really a lot of useful applications and it is so highly customizable, if they can match up the right acquisition candidates, especially those with strong channels in countries that they have not entered.
They did raise many rounds of funds in 2021 (I think), which should be on standby for acquisition. However, since their raising of funds and causing dilution to shareholders,
they have not gotten into many acquisitions yet that can put them on the growth track. Some shareholders are getting really impatient about it, given that share price had come down from $15ish to $2.x. With Covid, I don’t think it’s going to be quick in getting acquisition done.
My personal take anything in the engineering field can’t be fast, you really have to be a
little more patient. With the cash raised they are seating on 1B cash so I have no concerns with them going bust while I wait it out. The long and short term debt are small with the cash assets, they are still not profitable yet.
Currently they do have some issue with one of the major shareholder Murchinson Ltd which tries to buy out the remaining share at around $4 a piece, try to call for shareholders meeting etc I have no clue if they really have issue with the acquisition
or they are eyeing on the cash assets and trying to flip the company if they get their way or what.