On June 10, 2021, JAWS Hurricane Acquisition Corporation closed the transaction. The company amended the terms of the transaction to issue 3,750,000 warrants for $2 per warrant for a gross proceed of $7,500,000. The transaction also includes an oversubscription of 412,500 warrants for $2 per warrant for an additional gross proceed of $825,000 in the aggregate if the underwriters’ option to purchase additional units is exercised in full. On the same date, the company entered into an agreement and issued 4,162,500 warrants for gross proceeds of $8,325,000.