Omniq Corp. has announced a private placement with a group of accredited investors, raising a total of $950,000 through the sale of 9,750,000 unregistered shares and/or pre-funded warrants at a price of $0.10 per share. The offering included 2,750,000 shares and 6,750,000 pre-funded warrants. Shai Lustgarten, the company's Chief Executive Officer, participated in the placement by purchasing 1,500,000 pre-funded warrants for $150,000.
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