Rodgers Silicon Valley Acquisition Corp. announced that it has entered into an agreement with Rodgers Capital, LLC to issue 6,000,000 warrants at a price of $1 per warrant for gross proceeds of $6,000,000 on October 14, 2020. Each warrant is exercisable to purchase one class A ordinary share at a price of $11.50 per share, subject to adjustment. The warrants will not be redeemable as long as they are held by the investor or its permitted transferees. The warrants will not be transferable, assignable or salable until 30 days after the completion of initial business combination.