Growth Capital Acquisition Corp. announced that it has entered into a purchase agreement with Lincoln Park Capital Fund, LLC, a fund managed by Lincoln Park Capital, LLC for common shares, par value $0.00001 per share for gross proceeds of up to $100,000,000 on November 24, 2021. The common shares will be purchased by Lincoln Park Capital Fund, LLC, a fund managed by Lincoln Park Capital from time to time over a 36-month period. The purchase agreement may be terminated by company at any time after the commencement date, at its sole discretion, without any cost or penalty, by giving one business day notice to investor to terminate the Purchase Agreement. The company have the right, but not the obligation, from time to time to direct investor to purchase shares of common stock having a value of up to $500,000 on any business day, which may be increased to up to $1,000,000 depending on certain conditions as set forth in the Purchase Agreement.