Y.D. More Investments Ltd (TASE:MRIN) announced a private placement of 2,703,000 ordinary shares par value, at a price of ILS 11.1 per share for gross proceeds of ILS 30,003,300 on December 23, 2020. The transaction will include participation from 3 classified investors. The issued shares shall represent 4.18% of the issued and paid up share capital. The transaction is subject to a 6 month hold period. The transaction has been approved by the board of directors of the company.