EdtechX Holdings Acquisition Corp. II announced that it has entered into agreement with new investors IBIS Capital Sponsor II EdtechX LLC and IBIS Capital Sponsor II Llc and issued 4,312,500 class B common shares at a price of $0.005797 per share for gross proceeds of $25,000 on June 30, 2020. The class B common shares are convertible into class A common shares of the company on a one-for-one basis, and are subject to transfer restrictions. The company issued securities pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.