Scion Tech Growth I announced that it has entered into a securities subscription agreement with new investor Scion 1 Sponsor Llc and issued 14,375,000 class B common shares of par value $0.0001 per share, at an issue price of $0.00173913 per share for gross proceeds of $25,000 on October 7, 2020. All shares issued are subject to a lock-up period. The company issued securities pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.