G. Willi-Food International, one of Israel’s largest food importers and supplier of kosher food products, has entered into agreements with institutional investors for the private placement of approximately 1.635m ordinary shares at US$6.05 per share.
Go deeper with GlobalData
The company said it expects to raise $10m before payment of placement agent commissions and other offering expenses.
As part of the deal, investors will receive warrants to purchase an additional 496,000 shares at $8 per share. These will expire in three years and are subject to call at the option of G. Willi-Food under certain conditions.
The financing is expected to close in the next ten to 15 days.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
