Bonus BioGroup Ltd. (TASE:BONS) announced a private placement of 29,767,610 shares at ILS 0.60 per share for gross proceeds of ILS 17,860,566 on August 30, 2018. The company entered into an agreement with eight investors for the transaction. The shares being issued the transaction are subject to a hold period of 6 months from closing. The transaction was approved by the board of directors of the company.