Sound Point Acquisition Corp I, Ltd announced that it expects to receive $15.4375 million in funding from Sound Point Acquisition Sponsor I, LLC

Sound Point Acquisition Corp I, Ltd entered into an agreement with returning investor Sound Point Acquisition Sponsor I, LLC for 15,437,500 warrants at a price of $1 per warrant for gross proceeds of $15,437,500 on March 1, 2022. The warrants entitle the holder to purchase one share at a price of $11.50 per share.