Vickers Vantage Corp. I announced that it has enter into warrant agreement to issue 6,600,000 Warrants at a price of $0.75 per warrant for the gross proceeds of $4,950,000 on January 11, 2021. The transaction will include participation from Vickers Venture Fund VI L.P., a fund managed by Vickers Venture Partners and Vickers Venture Fund VI (Plan) Pte Ltd. Each warrant is exercisable for ordinary shares at an exercise price of $11.50 per share. Additionally, up to a maximum of 240,000 Placement Warrants investors can subscribe under Over-allotment Option.