Decarbonization Plus Acquisition Corporation II (NasdaqCM:DCRN.U) announced a private placement of an aggregate of 4,666,666 warrants to be issued at a price of $1.50 per whole warrant for gross proceeds of $6,999,999 on January 8, 2021. Each private placement warrant is exercisable to purchase one whole share of our Class A common stock at $11.50 per share. The warrants will become exercisable on the later of i) 30 days after the completion of our initial business combination, or ii) 12 months from the closing of the public offering; The company will issue 5,066,666 warrants if the underwriters’ over-allotment option is exercised in full. The transaction will close simultaneously with the closing of the public offering. The warrants will be non-redeemable in nature. The warrants (including the Class A common stock issuable upon exercise of the private placement warrants) will not be transferable, assignable or salable until 30 days after the completion of our initial business combination.