GelTech Solutions, Inc. (OTCPK:GLTC) announced a private placement of 945,180 common shares at price $0.1586 per share for the gross proceeds of $150,000 on May 14, 2019. The transaction included participation from Warren Mosler. The company also issued 472,590 two-year warrants exercisable at $2 per share. The company issued securities pursuant to exemption provided under Section 4(a)(2) and Rule 506(b).