Software Acquisition Group Inc. II announced a private placement of 4,750,000 warrants at a price of $1 per warrant for gross proceeds of $4,750,000 on August 21, 2020. The transaction will include participation from returning investor Software Acquisition Holdings Ii Llc. Each whole warrant entitles the holder to purchase one share of our class A common stock at a price of $11.50 per share. The company will issue 5,200,000 warrants if the over-allotment option is exercised in full. The transaction will close simultaneously with the closing of the IPO of the company which is expected to close on September 17, 2020.