Filed my complaint and havenāt had a response yet. Final written response should be due at the start of December, but thatās still kind of a mad timeframe considering the date of consummation.
Just received this after raising a complaint ? I mean really ?
Pavel P. (Trading 212)
2 Nov 2025, 14:29 EET
Hello Peter,
Nano Dimension Ltd acquired Desktop Metal Inc in a cash transaction. As per the terms of the deal, positions will be closed. However, we havenāt received the closing price nor the execution date, hence the event is still pending.
While I understand the situation may be frustrating, we cannot provide a specific timeframe for the event execution as the matter ultimately depends on third parties.
I appreciate your patience.
Best regards,
Pavel P. | Senior Customer Care
Wow, thatās disgusting.
A quick Google search easily leads to the regulatory filing.
Iām assuming then that given youāve had a final written response youāll be escalating to the ombudsman? Really, if multiple customers have been brick-walled in this way then it raises quite serious questions about precisely why T212 are seemingly unwilling to even explain the actions they are proactively taking to resolve this. Iād imagine thatās a lot of cash sat in a MMF or bank somewhere that should be earning interest for shareholders or re-deployed. The T&Cs say that customer assets are ring fenced, so I would therefore only assume that youād also be entitled to the interest on the proceeds to-date also. To that end, Iād been told by T212 that even if I transferred my ISA elsewhere I would not be allowed to transfer those shares - so I couldnāt even DRS and do the ITA paperwork myself.
Havenāt had my final written response yet, but itās shaken my faith in 212 quite deeply so Iāve since opened accounts elsewhere and have been contributing to those instead. Very disappointed, and it seems DM is only one instance of this happening.
Hey, everyone ![]()
I fully understand how the delay can be frustrating, and I want to provide you with some additional information on why this is happening.
While we aim to complete all such events as quickly as possible, sometimes the process is more complex than it appears, as is the case for the acquisition of Desktop Metal, Inc. Since Nano Dimension Ltd. is involved, corporate actions (such as acquisitions) executed by companies situated in Israel are subject to Israeli tax laws, according to which beneficial owners are required to file an Israeli Tax Certificate until a specific deadline. The deadline for this event is March 2nd, 2026, and we are working diligently to find a quick solution that allows us to finalise things before the specified date.
Iāll let you know as soon as we have any further updates regarding the event and its completion. Apologies for the inconvenience this is causing ![]()
Hi Momchil,
Thanks for the update at the end of last year. The 2nd of March deadline has now passed so a new update would be appreciate.
Thanks,
Weāre still waiting for our custodian to finalise the event. Once thatās done, weāll distribute the proceeds right away and make sure everyone is informed.
So Iāve had an email.
The trade is no longer in the 212 app
BUT no money ?
When will payments be made ?
@pistol, the event was finalised 3 days ago. Fractional shares and non-subscribed holdings were liquidated at USD 3.97125 per share, reflecting the acquisition price of USD 5.295 net of 25% Israeli withholding tax. You can go to āMenuā ā āHistoryā to see the proceeds you receive.
Did you get paid? I have a similar issue with the CYBR takeover by PANW