Jacada Ltd. (OTCPK:JCDA.F) announced that it has entered into a security purchase agreement for private placement of 1,264,045 common shares at $3.56 per share for gross proceeds of USD 4,500,000 on November 19, 2017. The transaction will include participation from returning investor Kinetic Catalyst Partners LLC which will subscribe for 43,767 common shares and KCP II LLC will subscribe for 87,533 common shares, Mr. Ofer Timor, Lloyd I. Miller, III, Robert B. Ashton and New Resources, each of whom is currently a 5% or greater shareholder of the Company. The transaction is subject to shareholder approval. The company will issue securities pursuant to exemption provided under Regulation D.