Epiphany Technology Acquisition Corp. announced private placement of 800,000 units at a price of $10 per unit for gross proceeds of $8,000,0000 on December 15, 2020. The transaction will include participation from Cantor Fitzgerald & Co. for 350,000 units and existing investor Epiphany Technology Sponsor LLC for 450,000 units. Each unit consists of one class A common share and one-third of one redeemable warrant. Each whole warrant is exercisable at $11.50 per class A share on the later of 30 days after the completion of initial business combination, or 12 months from the closing of public offering. The transaction will close simultaneously with closing of public offering. The securities will not be transferable, assignable or salable until 30 days after the consummation of initial business combination.