Kinaxis Inc. Files Final Prospectus and Announces Pricing for Offering of Common Shares

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

OTTAWA, June 3, 2014 /CNW/ - Kinaxis Inc. ("Kinaxis") announced today the pricing of its initial public offering and secondary offering of 5,000,000 common shares to be issued by Kinaxis, and an aggregate of 2,739,715 common shares to be sold by certain selling shareholders, at a price of Cdn$13.00 per share. The initial public offering and secondary offering will result in aggregate gross proceeds of Cdn$65.0 million to Kinaxis and Cdn$35.6 million to the selling shareholders.

The offering is being made through a syndicate of underwriters led by BMO Capital Markets and Canaccord Genuity Corp., as joint bookrunners and co-lead underwriters, and comprised of TD Securities Inc., RBC Dominion Securities Inc., National Bank Financial Inc., CIBC World Markets Inc. and Cormark Securities Inc.

Closing is scheduled to take place on or about June 10, 2014. In addition, the selling shareholders have granted to the underwriters an option to purchase up to an additional 1,160,957 common shares at the same price to cover over-allotments, if any, and for market stabilization purposes.

Kinaxis has received conditional approval for the listing of its common shares on the Toronto Stock Exchange under the symbol "KXS", subject to Kinaxis fulfilling all of the requirements of the Toronto Stock Exchange.

No securities regulatory authority has either approved or disapproved the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Kinaxis Inc. in any jurisdiction in which such offer, solicitation or sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any U.S. state securities law and may not be offered or sold in the United States except in compliance with the registration requirements of said Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About Kinaxis Inc.

Kinaxis is a leading provider of cloud-based subscription software that enables our customers to improve and accelerate analysis and decision-making across their supply chain operations. The supply chain planning and analytics capabilities of our product, RapidResponse, create the foundation for managing multiple, interconnected supply chain management processes. By using the single RapidResponse product instead of combining individual disparate software solutions, our customers gain visibility across their supply chains, can respond quickly to changing conditions, and ultimately realize significant operating efficiencies.

SOURCE: Kinaxis Inc.

Robert Kelly 
TMX Equicom 
T: [phone] ext. 253
[email protected]

Craig Armitage
TMX Equicom 
T: [phone] ext. 278
[email protected]