Shefa Yamim Ltd. (TASE:SEFA) announced that it has entered into an investment agreement for private placement of 617,284 common shares without par value at an issue price of ILS 0.81 per share with an institutional investor for gross proceeds of ILS 500,000 on April 26, 2017. The company will issue 686,274 warrants exercisable into common shares. The agreement was approved by the company’s board of directors. The shares will be subject to a hold period of six months from the closing date.