Y.D. More Investments Ltd (TASE:MRIN) announced that it has entered into an agreement for a private placement of 7,200 ordinary shares at a price of ILS 854.444444 per share for gross proceeds of ILS 6,151,999.9968 on March 7, 2017. The transaction included participation from Mor Nataf. As a part of the transaction, the investor acquired 6% stake on a fully diluted basis. The shares issued have par value of ILS 0.01 per share.