· Apply Advanced Mobile Technologies Ltd (TASE:APLY) announced that it has entered into an agreement with Alpha Value 1 LP, fund managed by Alpha Value Ltd for the private placement of 1,562,500 ordinary shares at a price of ILS 1.92 per share for gross proceeds of ILS 3,000,000 on October 16, 2017. The transaction is subject to the approval of the Tel Aviv Stock Exchange Ltd. Investor will acquire 10.2% stake in the company. The securities issued will be subject to a hold period of six months.