Ability Inc. (NasdaqCM:ABIL) announced a private placement of 452,852 ordinary shares and warrants on December 28, 2018. The transaction will include participation from individual investors Anatoly Hurgin and Alexander Aurovsky for 226,426 ordinary shares each. The warrants are convertible into 226,426 ordinary shares at a conversion price of $3.25 per share and will expire five years from the date of issuance. The company will issue securities pursuant to exemption provided under Regulation D and Regulation S. The transaction is expected to close on or around January 3, 2019.