13D Filing: Dialectic Capital Management and Covisint Corp (COVS)

(c)       The
principal business of each of the Funds is investing in securities. The principal business of BR Dialectic Capital is serving as
the investment manager to each of the Funds. The principal business of Dialectic GP is serving as the general partner to each of
the Funds. The principal occupation of Mr. Fichthorn is serving as Head of Alternative Investments for BR Dialectic Capital.

Each of the foregoing is
referred to as a “Reporting Person” and collectively as the “Reporting Persons”. Each of the Reporting
Persons is party to that certain Joint Filing Agreement, as further described in Item 6.  Accordingly, the Reporting
Persons are hereby filing a joint Schedule 13D.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended
and restated to read as follows:

The Shares purchased for
the accounts of each of the Funds were purchased with working capital (which may, at any given time, include margin loans made
by brokerage firms in the ordinary course of business) in open market purchases, except as otherwise noted, as set forth in Schedule
B, which is incorporated by reference herein. The aggregate purchase price of the 292,000 Shares beneficially owned by Dialectic
Capital Partners is approximately $616,793, including brokerage commissions.  The aggregate purchase price of the 1,096,800
Shares beneficially owned by DOF is approximately $2,259,714, including brokerage commissions. The aggregate purchase price of
the 1,311,200 Shares beneficially owned by DAP is approximately $2,645,448, including brokerage commissions.

Item 5.

Interest in Securities of the Issuer.

Items 5(a) –
(c) are hereby amended and restated to read as follows:

The aggregate percentage
of Shares reported owned by each person named herein is based upon 40,865,897 Shares outstanding, as of February 7, 2017, which
is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on February 9, 2017.

A.

Dialectic Capital Partners

(a)

As of the close of business on April 19, 2017, Dialectic Capital Partners beneficially owned 292,000 Shares.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 292,000 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 292,000

(c)

The transactions in the Shares by Dialectic Capital Partners since the filing of Amendment No. 3 to the Schedule 13D are set forth in Schedule B and are incorporated herein by reference.