Kadimastem Ltd (TASE:KDST) announced that it has entered into investment agreements for private placement of 850,800 common shares at ILS 2.5 per share for gross proceeds of ILS 2,127,000 on June 7, 2017. The transaction will include participation from returning investors, Julien Ruggieri for 567,200 shares and Avi Meizler for 283,600 shares. The company has signed agreements with the investorson the same date. The Julien Ruggieri, the director of the company will invest through League Jinn S.a r.l. The company will issue 850,800 unlisted warrants. Each warrant is exercisable at ILS 3 per share for a period of 12 months. The transaction has been approved by the board of directors of the company.