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Cimatron Announces Underwriters Exercise Of Over Allotment Option Monday, April 1, 2013 08:05 PM (GMT)

GIVAT SHMUEL, Israel, April 1, 2013 /PRNewswire/ --

Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced that the underwriter of its previously announced secondary offering has exercised in full its over allotment option and have purchased an additional 375,000 ordinary shares from the selling shareholders. The over allotment option was granted by the selling shareholders in connection with an underwritten public offering of 2,500,000 shares at an offering price of $5.25 per share, which priced on March 21, 2013, and closed on March 26, 2013. All of such shares were offered and sold by shareholders of Cimatron, and such selling shareholders received all of the net proceeds from this offering. Cimatron did not receive any proceeds from this offering.

Roth Capital Partners, LLC acted as the sole underwriter for the offering. 

The shares described above are being offered by the selling shareholders pursuant to a registration statement previously filed with and subsequently declared effective by the Securities and Exchange Commission. A preliminary prospectus supplement relating to the offering was filed with the SEC on March 20, 2013 and is available on the SEC's website at http://www.sec.gov.  The final prospectus supplement relating to the offering was filed with the SEC on March 22, 2013 and is available on the SEC's website at http://www.sec.gov.  Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained, when available, from Roth Capital Partners, LLC, 888 San Clemente Drive, Newport Beach, CA 92660, 800-678-9147, rothecm@roth.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

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