Business
Stratasys Files Proxy Statement for 2023 Annual General Meeting and Mails Letter to Shareholders
Urges Shareholders to Vote ONLY the WHITE Proxy Card “FOR” the Re-Election of Stratasys’ Directors MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys
About this update from Stratasys, Ltd.
[{"type":"text","content":"\nUrges Shareholders to Vote ONLY the WHITE Proxy Card “FOR” the Re-Election of Stratasys’ Directors\n\n\n MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--\nStratasys Ltd. (Nasdaq: SSYS) (“Stratasys” or the “Company”), a leader in polymer 3D printing solutions, today announced that it has filed a proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with its 2023 Annual General Meeting of Shareholders (the “Meeting”) to be held on August 8, 2023. Shareholders of record as of July 5, 2023 will be entitled to vote at the Meeting.\n\n\nIn connection with the proxy statement, Stratasys has mailed a letter to shareholders highlighting its track record of strong performance and its strategy for value creation. Stratasys’ Board unanimously recommends that Stratasys shareholders vote ONLY the WHITE proxy card “FOR” the re-election of the Stratasys Slate, consisting of the eight highly qualified current members of Stratasys’ Board. The letter can be found at www.NextGenerationAM.com along with other materials related to the Meeting.\n\n\nThe full text of the letter follows:\n\n\nDear Stratasys Shareholder,\n\n\nWith a winning strategy for profitable growth, a highly experienced management team and a purpose-built Board of Directors, Stratasys is well positioned to create value in the near, mid and long term.\n\n\nStratasys is successfully executing its “North Star” strategy, moving to stronger and more profitable growth while expanding into new technologies, verticals and innovative use cases for its leading polymer capabilities and broad portfolio of solutions. In addition, our proposed combination with Desktop Metal, Inc., which we expect to be put to a shareholder vote later this year, will accelerate our mission of leading additive manufacturing into mass production. The combination will create a next-generation additive manufacturing company with enhanced growth and profitability, and is expected to generate more than $1.6 billion of revenue and more than $300 million of EBITDA in 2026 at base case.\n\n\nNano’s Self-Serving Campaign Risks Derailing Future Growth Opportunities\n\n\nWe strongly believe the highly opportunistic, self-interested campaign by Nano Dimension Ltd. (“Nano”) to take control of Stratasys puts your investment at risk by threatening to derail our significant progress, dismantle S...