Bonus BioGroup Ltd. (TASE:BONS) announced a private placement of 12,857,143 shares at ILS 0.70 per share for gross proceeds of ILS 9,000,000 on April 11, 2017. The company entered into an agreement with two investors for the transaction. On closing, the company will have raised ILS 35,240,000 in funding from December 2014 to April 2017. The shares issued as part of the transaction will have a hold period of 6 months from closing. The transaction was approved by the board of the company.