On February 23, 2021, BOA Acquisition Corp. (NYSE:BOAS.U) closed the transaction. The company has entered into private placement warrants purchase agreement with investors in the transaction. The company has amended the terms of the transaction. The company issued 6,575,000 warrants for gross proceeds of $6,575,000 in the transaction. The issuance of the warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.