Disruptive Acquisition Corporation I (NasdaqCM:DISA.U) announced that it has entered into an agreement for a private placement of an aggregate of 4,666,667 warrants at a price of $1.50 per warrant for gross proceeds of $7,000,001 on January 19, 2021, The company will issue 5,166,667 warrants for gross proceeds of $7,750,000 if the underwriters’ over-allotment option is exercised in full. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. The warrants are non-redeemable in nature. The transaction is expected to close simultaneously with the closing of the public offering. The warrants will not be transferred, assigned or sold until 30 days after the completion by the company of an initial business combination. The warrants will expire in 5 years after the date on which the company completes its initial business combination. The transaction will include participation from Disruptive Acquisition Sponsor I, LLC. The warrants will become exercisable on the later of 30 days after the completion of the company's initial business combination and 12 months from the closing of the transaction.