On January 14, 2021, 890 5th Avenue Partners, Inc. closed the transaction. The company has issued 777,500 units for gross proceeds of $7,775,000 in the transaction. 200 Park Avenue Partners, LLC purchased 657,500 units, PA 2 Co-Investment LLC purchased 84,000 units, Craig-Hallum Capital Group LLC purchased 18,000 units, and John Lipman purchased 18,000 units. The warrants held by PA 2 Co-Investment, Craig-Hallum and John Lipman, will not be exercisable more than 5 years from the commencement of sales in the public offering. The securities are issued pursuant to exemption provided under Section 4(a)(2) of the Securities Act.