‘The Bear Cave’ issues short report on Nano Dimension

Shares of Nano Dimension moved lower following a short from “The Bear Cave.” The Israeli 3D printing company, has risen over 1,000% on optimism that its DragonFly printer can be used to make electronic circuit boards, The Bear Cave wrote in a Substack post. However, Nano current CEO has been previously accused, but never convicted, of an “extortion attempt” and the company’s former Chairman was arrested on charges of money laundering, aggravated fraud, and securities violations, says Bear Cave. The firm says Nano’s “history includes consistent unprofitability, serious dilution, an OTC to NASDAQ uplisting, a 50 for 1 reverse split, and 253 press releases.” The stock in morning trading is down 1% to $8.49.

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