On September 28, 2020, Starboard Value Acquisition Corp. closed the transaction. The company issued 6,723,127 private placement warrants for an aggregate purchase price of $ 10,084,691 and 589,794 private placement warrants for $884,691 in its second and final tranche. The investor in connection with the partial exercise of the over-allotment option, purchased an aggregate of 589,794,000 additional private placement warrants.