GelTech Solutions, Inc. (OTCPK:GLTC) announced a private placement of 715,990 common shares at a price of $0.2095 per share for gross proceeds of $150,000 on February 27, 2019. The transaction included participation from returning investor Michael Reger. The company also issued 357,995 two-year warrants exercisable at $2 per share. The company issued securities pursuant to exemption provided under Section 4(a)(2) and Rule 506(b).