Starboard Value Acquisition Corp. announced that it has received $10.084691 million in funding from SVAC Sponsor LLC
On September 28, 2020, Starboard Value Acquisition Corp. closed the transaction. The company issued 6,723,127 private placement warrants for an aggregate purchase price of $ 10,084,691 and 589,794 private placement warrants for $884,691 in its second and final tranche. The investor in connection with the partial exercise of the over-allotment option, purchased an aggregate of 589,794,000 additional private placement warrants.