Dragoneer Growth Opportunities Corp. II announced that it will issue 600,000 class A common shares at a price of $10 per share for gross proceeds of $6,000,000 on October 30, 2020. The transaction will include participation from returning investor Dragoneer Growth Opportunities Holdings II. The company will issue 660,000 shares for gross proceeds of $6,600,000 if the underwriters’ option is exercised in full in the concurrent initial public offering. All shares to be issued cannot be transferred until 30 days after the completion of its initial business combination. The company will issue securities pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.