Shares of Stratasys Ltd. (NASDAQ: SSYS) tumbled 4.7% in premarket trading today, following the announcement that Nano Dimension Ltd. (NASDAQ: NNDM) would be pulling its tender offer for the 3D printer maker's shares. In addition, Nano Dimension suggested that it might consider selling off its 14.1% stake in Stratasys.

Although Nano Dimension still believes that a merger between the two companies would be strategically and financially beneficial, Stratasys's board rejected their offer. Nano Dimension's Chief Executive, Yoav Stern, voiced his frustration, accusing Stratasys of manipulating facts and limiting shareholders' ability to independently evaluate their offer.

Despite their disappointment, Nano Dimension is determined to reassess their investment in Stratasys. This evaluation may lead to a complete sale of all their holdings through the open market. Currently, their stake is valued at approximately $181.5 million, considering Stratasys's market capitalization of $1.29 billion as of Thursday's closing.

In the midst of this development, Stratasys recently acknowledged that a takeover bid from 3D Systems Corp. (NYSE: DDD) could potentially qualify as a "superior proposal" compared to the previously agreed-upon bid by Desktop Metal Inc. (NYSE: DM).

Overall, Stratasys faces an uncertain future as Nano Dimension's withdrawal adds further complexity to the company's strategic outlook. Investors will be closely monitoring how these latest developments play out in the coming days.

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