ColorStars Group (OTCPK:CSTU) announced a private placement of 10,000,000 shares at $0.033 per share for gross proceeds of $330,000 on November 13, 2017. The transaction included participation from 11 accredited investors. The company issued the shares pursuant to exemption provided under Regulation D. The company and the investors entered into a subscription agreement as part of the transaction. Post the transaction, the company's outstanding shares amount to 90,274,515.