Algomizer, Ltd. (TASE:ALMO) announced a private placement of 411,111 ordinary shares at an issue price of ILS 4.5 for gross proceeds of ILS 1,849,999.5 and 534,425 unlisted warrants on July 18, 2017. The transaction will include participation from individual investor Netanel Namdar and other two investors. The warrants are exercisable into 534,425 ordinary shares. 267,213 warrants will mature on December 31, 2017 and other 267,212 warrants will mature on December 31, 2018.