Golden Falcon Acquisition Corp. entered into purchase agreement to issue 8,000,000 warrants at the price of $1 per warrant for gross proceeds of $8,000,000 on December 17, 2020. The par value of the share is $0.01 per share. The warrants can be exercised at the price of $11.5 per share for the par value of $0.0001 per share. The warrants have 30 day restriction for the transfer. There is overallotment option of an additional 900,000 warrants.