G. Willi-Food to raise funds after strong rally

• G. Willi-Food International (NASDAQ:WILC) announces a proposed private placement of 650K shares and warrants to generate gross proceeds of ~$12.8M. The company says it has received and accepted commitments from Israeli institutional and accredited investors.
• The closing of the private placement is subject to certain regulatory approvals, which are expected to be obtained this month.
• SEC Form 6-K
• G. Willi-Food is raising the funds with shares up 72% YTD and 97% higher over the last 52 weeks.