Orian, led by Chen Lamed, has raised NIS 25 million through a private issuance to 13 investors, including Yelin Lapidot Investment House, IBI Investment House, and Eyalon Trust Funds.
Orian Raises NIS 25 Million in Private Issuance
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Orian, under the leadership of Chen Lamed, has completed a capital raise of NIS 25 million.
The company raised the sum through a private issuance of shares to 13 investors, including Yelin Lapidot Investment House, IBI Investment House, Eyalon Trust Funds, and others.
In the private issuance, which was carried out at a discount of 8% on the company's current market value of NIS 415 million, 6% of the company's shares were allocated to the new investors.
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