Dismissal of Litigation Regarding Stratasys Shareholder Rights Plan
As previously reported by Stratasys Ltd., an Israeli company (the “Company” or “Stratasys”), on April 25, 2023, Stratasys and its then-current board of directors had been named as defendants in an action filed by Nano Dimension Ltd. (“Nano”), a shareholder of Stratasys, in the Tel-Aviv District Court, related to Stratasys’ shareholder rights plan (the “Action”). For a summary of the proceedings related to the Action and Stratasys’ counter-action, through May 29, 2024, please see Note 12 (“Contingencies”) to Stratasys’ financial statements for the quarter ended March 31, 2024 at the following link: https://www.sec.gov/ix?doc=/Archives/edgar/data/1517396/000162828024025679/ssys-20240331_d2.htm
On July 1, 2024, at Nano's request, and with the defendants’ consent, the Tel-Aviv District Court dismissed, without prejudice or costs, the subject court proceedings.