Atlas Crest Investment Corp. announced a private placement of 8,000,000 warrants at $1.50 per warrant to Atlas Crest Investment Llc for gross proceeds of $12,000,000 on September 15, 2020. Each warrant will be exercisable at $11.50 per class A common share. If overallotment exercised warrants issued will be 9,000,000. Warrant issued will have a lock up of 30 days from closing of the transaction. The transaction will close along with closing of an IPO of Atlas Crest Investment Corp.