SenterpriSys Limited announced a private placement of common shares at AUD 0.02 per share on October 22, 2015. Tamawood Limited, a returning will subscribe 12,773,403 shares. The round will also include participation from the director of the company, Lev Mizikovsky.

The transaction is subject to shareholders approval of Tamawood Limited on November 26, 2015 and shareholders' approval of the company at the end of November or early December 2015. As part of the round, Tamawood Limited will acquire a total of 4.09% stake in the company to hold 23.53% stake.