CITIC Capital Acquisition Corp. announced that it has entered into a private placement warrants purchase agreement with Citic Capital Acquisition Llc for 6,800,000 warrants at a price of $1 per warrant for gross proceeds of $6,800,000 on February 10, 2020. Each warrant will entitle the holder to purchase one class A ordinary share at an exercise price of $11.50 per share. The company will issue 720,000 additional warrants for gross proceeds of $720,000 if the over-allotment option is exercised in full.