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Cimatron Announces Pricing Of Secondary Public Offering Of Ordinary Shares

GIVAT SHMUEL, Israel, May 21, 2013 /PRNewswire/ --

Cimatron Limited (NASDAQ: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced that certain of its shareholders have priced an underwritten public offering for an aggregate of 2,183,303 of its ordinary shares at a price to the public of $6.25 per share. The selling shareholders have also granted to the underwriter a 30-day option to purchase, at the same price per share as the underwriters will pay for the initial shares, an additional 327,494 ordinary shares to cover over-allotments in connection with the offering. Cimatron will not receive any proceeds from the sale of the ordinary shares by the selling shareholders.

The offering is expected to close on Friday, May 24, 2013, subject to customary closing conditions. Roth Capital Partners, LLC is acting as the sole manager for the offering.

The selling shareholders in the current offering had offered and sold Cimatron ordinary shares in an underwritten public offering in March 2013, with Roth Capital Partners, LLC having acted as the sole manager of that offering as well.  

The shares being offered by the selling shareholders currently are being offered 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 May 20, 2013 and is available on the SEC's website at http://www.sec.gov. A final prospectus supplement relating to the offering will be filed with the SEC and will be 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.

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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