Kadimastem Ltd. (TASE:KDST) announced that it has signed an investment agreement for a private placement of 333,333 common shares at ILS 3 per share for gross proceeds of ILS 1 million with a private investor on March 28, 2017. Each share to be issued will have a par value of ILS 0.01. The shares will be held from trading for a period of time as per current regulations. The transaction was approved by the board of directors.