The board of MCS Medical Compression Systems (DBN) Ltd. (TASE:MDCL) has approved a private placement of shares and warrants to institutional investors and parties at interest. The offering will be made at NIS 3 per share, for a total of NIS 7.13 million. The company did not disclose the names of the buyers. A few months ago, the company announced a stock allocation to employees and advisers.
