Global Consumer Acquisition Corp. (NasdaqCM:GACQ.U) announced that it has entered into a purchase agreement for the private placement of 431,510 private units at an issue price of $10 per unit for gross proceeds of $4,315,100 from Global Consumer Acquisition LLC on June 8, 2021. Each unit consists of one share of common stock, $0.0001 par value and one half of one redeemable warrant, each warrant exercisable for one share at an exercise price of $11.50 per share. The units issued in the transaction have a hold period of one year, post the closing.