Cimatron Prices 900K Share Offering at $6.00/Share

Cimatron Limited CIMT, a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced that it has priced an underwritten public offering for an aggregate of 900,000 of its ordinary shares at a price to the public of $6.00 per share. Net proceeds to Cimatron from this offering are expected to be approximately $5.0 million, after deducting underwriting discounts and commissions, and other estimated offering expenses payable by Cimatron. Cimatron has 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 135,000 ordinary shares to cover over-allotments in connection with the offering.   See full press release