Rich Pharmaceuticals, Inc. (OTCPK:RCHA) announced that it has entered into a subscription agreement for a private placement of 333,333,333 shares at $0.0003 per share and 333,333,333 warrants for gross proceeds of $99,999.9999 on October 16, 2017. The warrants will carry an exercise price of $0.003 per share and will mature at five years from the date of issue. The transaction included participation from Richard L. Chang, LLC Holdings.