GelTech Solutions, Inc. (OTCPK:GLTC) announced a private placement of 833,334 common shares at a price of $1.799998 per share for gross proceeds of $150,000 on January 30, 2019. The transaction included participation from an entity affiliated with returning investor Warren Mosler who hold 10% stake in the company. The company also issued 416,667 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).