Categories: Wire Stories

Deep Knowledge Analytics Publish a Report Dismantling Allegations Against Nanox

LONDON–(BUSINESS WIRE)–All statements in this release are attributed to Deep Knowledge Analytics

Deep Knowledge Analytics conducted and released today (December 2nd 2020) an independent analysis regarding Citron Research and Muddy Waters short-sell campaign against Israeli Nasdaq traded company �Nanox”.

The analysis include 4 different pieces, named “Nanox Company Composite Analysis”, “Informational Note (Summary): Analysis of ‘Unusual Trading Activity’ Surrounding Nanox in 2020”, “Informational Summary about Short Sellers: Citron Research and Muddy Waters”, and full report “Unusual Trading Activity’ at Nasdaq related to the shares of Nanox”.

The report looked into the allegations made against Nanox in September 2020, shortly after Nanox’s IPO and concluded that the investment research companies were part of an orchestrated media attack aiming to promote short-sale-related capital gains by artificially lowering the share price of Nanox.

The independent analysis has led to the conclusion that the Short Sellers Reports’ research and core arguments are based on unsubstantiated assumptions lacking concrete evidence, a disregard of minimum standard practices for objective and unbiased market research and analysis, and the use of provocative and dramatically-worded language, with the primary aim of damaging the reputation of Nanox in an aggressive manner with unprofessional, jargon language and comparison with fraud companies.

All claims made by the Short Sellers Reports can be seen either to be based on false and demonstrably falsifiable claims and assumptions, or to be clear instances of unsubstantiated libel and personal attacks lacking proper contextualization and omitting supplementary information that would otherwise counterbalance the claims being made.

“If we were to follow the logic of these Short Sellers Reports to their fullest extent, it could be concluded that all innovative, DeepTech-driven companies working on something fundamentally new and disruptive may be easily accused in fraud”, adds Co-founder at Deep Knowledge Analytics Mr. Dmitry Kaminskiy, “DeepTech-driven companies deserve additional support and protection against false accusations for the benefit of technological progress.”

The full report can be accessed on https://www.dka.global/nanox-imaging

Contacts

Dmitry Kaminskiy

info@dka.global

Alex

Recent Posts

JustMarkets Celebrates Key Milestones From 2024

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…

1 hour ago

Thailand Shines at ACES Awards 2024: Celebrating Leadership, Sustainability, and Innovation Across Industries

BANGKOK, THAILAND - Media OutReach Newswire - 24 December 2024 - The Asia Corporate Excellence…

1 hour ago

China Focus: Technology sows seeds of hope in combating desertification

HOHHOT, CHINA - Media OutReach Newswire - 23 December 2024 - China's National Forestry and…

11 hours ago

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

13 hours ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

14 hours ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

16 hours ago