Bridgetown 2 Holdings Limited announced that it has entered into a purchase agreement for a private placement of 4,600,000 warrants at an issue price of $1.50 per warrant for gross proceeds of $6,900,000 on January 8, 2021. The transaction will include participation from D & Z Media Holdings Llc will subscribe for 4,433,333 warrants or 4,915,217 warrants and returning investor Loop Capital Markets LLC will subscribe for 166,667 warrants or 184,783 warrants in the transaction. The warrants will entitle the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, exercisable from the later of the date that is 30 days after the first date on which the company completes a business combination, and the date that is 12 months from the date of the closing of the transaction. The underwriters have been granted an over-allotment option to issue up to 5,100,000 warrants at a price of $0.50 per warrants for gross proceeds of $7,650,000 in the transaction. The warrants are subject to a lock-up period of 30 days after the completion of our initial business combination. The warrants are non redeemable in nature. Once the warrants became exercisable, in whole or part in nature it can be redeemed at a price of $0.01 per warrant upon a minimum of 30 days’ prior written notice of redemption, and only if, the closing price of Class A common stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which we send the notice of redemption to the warrant holders. The transaction is expected to close along with the IPO. This issuance will be made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.