On March 9, 2021, Lerer Hippeau Acquisition Corp. (NasdaqCM:LHAA) closed the transaction. The company issued an aggregate of 685,324 shares for gross proceeds of $6,853,240. The issuance of the private placement shares was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. No underwriting discounts or commissions were paid with respect to such sales.