Kadimastem Ltd (TASE:KDST) announced that it has entered into an investment agreement for private placement of 1,412,000 common shares at ILS 2.5 per share for gross proceeds of ILS 3,530,000 on July 7, 2017. The transaction will include participation from returning investor Julien Ruggieri. The investor will invest through its company. The company will also issue 1,412,000 warrants to the investor. Each warrant entitles the holder to acquire one additional common share at ILS 3 per share for a period of 12 months from the signing of the investment agreement. In the event, that the company gets listed in the United States or in any other international stock exchange, the company will allot to the investor a total of 782,332 ordinary shares of the company at the minimum price in the said exchange at the moment of listing.