Roth CH Acquisition II Co. announced a private placement of 260,000 units at a price of $10 per unit for gross proceeds of $2,600,000 on November 24, 2020. The transaction will include participation from existing shareholders. Each unit will consist of one common share and three-quarters of one redeemable warrants. Each whole warrant will entitle the holder to purchase one common share of the company at an exercise price of $11.5 for a period of one year. The securities being issued in the transaction are subject to a lock-up of 360 days pursuant to Rule 5110(g)(1) of the FINRA Manual. The company has granted over-allotment option to issue additional 15,000 units.