Bonus BioGroup Ltd. (TASE:BONS) announced a private placement of 5,714,286 common shares at ILS 0.70 per share for gross proceeds of ILS 4,000,000.2 on July 10, 2016. The company has signed an investment agreement with an investor. As part of the transaction, the investor will acquire 2.38% stake in the transaction. Post this transaction, the company will have raised a total of ILS 17,840,000 in private placements from December 2014 to July 2016.