GelTech Solutions, Inc. (OTCPK:GLTC) announced a private placement of 750,000 common shares at a price of $0.2 per share for gross proceeds of $150,000 on February 19, 2019. The transaction included participation from Michael Reger. The company also issued 375,000 two-year warrants exercisable at $2 per share. The company issued securities pursuant to exemption provided under Section 4(a)(2) and Rule 506(b).