Benessere Capital Acquisition Corp. announced a private placement to issue 210,000 units at a price of $10 per unit for gross proceeds of $2,100,000 to returning investor, ARC Global Investments LLC on November 3, 2020. Each unit will consist of one class A common share and one-half of one redeemable warrant. If the underwriter’s over-allotment option is exercised in full, the company may issue up to 221,250 units for gross proceeds of $2,212,500. Each warrant is exercisable to purchase one class A common share at a price of $11.50 per share, subject to adjustment. The warrants will not be redeemable as long as they are held by the investor or its permitted transferees. The units will not be transferable, assignable or salable until completion of initial business combination. The securities are being issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.