Stratim Cloud Acquisition Corp. (NasdaqCM:SCAQ.U) that it has entered into a purchase agreement for issue of 4,666,667 warrants at issue price of $1.50 per shares for gross proceed of $7,000,000 to Stratim Cloud Acquisition, Llc on March 11, 2021 .Each warrant entitles the holder to purchase one additional common share at an exercise price of $11.50. The securities to be issued have a hold period of 30 days. The company has granted over-allotment option to the underwriters  as part of the transaction. The company will issue additional 3,750,000 warrants for $5,625,000 if over-allotment option is exercised. The warrants are non-redeemable.