 OMER, Israel, March 24, 2021 GLOBE NEWSWIRE -- ScoutCam OTCQB:SCTC, a leading developer and manufacturer of customized micro visual solutions and supplementary technologies, today announced a private placement of 20,000,000 from first tier Israeli institutional investors. The closing of the private placement is expected to occur by March 31, 2021. In connection with the private placement, the board of directors of the Company resolved to take steps to promote the uplisting of the Company to the Nasdaq Stock Market. 