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- Material Weakness (new) — The outgoing auditor issued an adverse opinion on internal controls due to a material weakness, which is a serious control deficiency.
Nano Dimension dismisses KPMG after adverse internal-controls opinion, hires PwC Israel
Filed October 2, 2026 · Period ending September 28, 2026 · ~1 min read
Key Changes
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KPMG's report on internal controls over financial reporting as of Dec. 31, 2025 contained an adverse opinion due to a material weakness.
Item 4.01 verify on EDGAR → -
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The material weakness stemmed from insufficient accounting resources and ineffective controls over acquisitions, including valuation of acquired intangible assets and discontinued operations.
Item 4.01 verify on EDGAR → -
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The company dismissed KPMG as its independent auditor on Sept. 28, 2026, with Audit Committee approval.
Item 4.01 verify on EDGAR → -
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PwC Israel was engaged the same day to audit the 2026 financial statements and review Q3 2026 quarterly financials.
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The company states there were no disagreements with KPMG on accounting principles, financial statement disclosure, or auditing scope or procedures.
Item 4.01 verify on EDGAR →
Summary
Nano Dimension Ltd. dismissed KPMG as its independent registered public accounting firm on September 28, 2026, and engaged PwC Israel as its new auditor. The change follows KPMG's adverse opinion on the company's internal control over financial reporting as of December 31, 2025, due to a material weakness.
The weakness related to insufficient accounting resources and ineffective controls over acquisitions, including valuation of acquired intangible assets and discontinued operations. The company states there were no disagreements with KPMG on accounting principles, financial statement disclosure, or auditing scope or procedures.
It also confirms it did not consult with PwC Israel on any accounting principles, audit opinions, disagreements, or reportable events during the two most recent fiscal years and the subsequent interim period. For retail investors, the adverse internal-controls opinion and the auditor change are significant red flags. The material weakness suggests the company's financial reporting controls were not effective, which can increase the risk of errors or misstatements in financial statements. The engagement of a new auditor may lead to additional scrutiny or restatements. Investors should review the company's 2025 Annual Report on Form 10-K for details on the material weakness and monitor whether the new auditor identifies further issues.
Section-by-Section Diff
Event · Item 4.01 — Changes in Registrant's Certifying Accountant
Nano Dimension dismissed KPMG and engaged PwC Israel as its new auditor after KPMG issued an adverse ICFR opinion.
Added in current filing · verify on EDGAR →
neither the Company nor anyone on its behalf consulted with PwC Israel regarding either (1) the application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, or (2) any matter that was either the subject of a disagreement (as defined in Item 304(a) (1) (iv) of Regulation S-K) or a reportable event (as defined in Item 304(a) (1) (v) of Regulation S-K).
The company confirms it did not consult with PwC Israel on any accounting principles, audit opinions, disagreements, or reportable events during the two most recent fiscal years and the subsequent interim period.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 5, 2026 · How we verify