Cascade Acquisition Corp. announced that it has entered into a warrant subscription agreement for private placement of 7,317,000 warrants at a price of $1 each for gross proceeds of $7,317,000 on November 19, 2020. The transaction will include participation from Cascade Acquisition Holdings Llc. Each warrant entitles the holder to purchase one share of common stock at a price of $11.50 per share. The issuance of the Private Placement Warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933. The transaction is expected to close on November 24, 2020.