European Sustainable Growth Acquisition Corp. announced a private placement of 4,000,000 warrants at a price of $1 per warrant for gross proceeds of $4,000,000 on January 4, 2021. Each whole warrant entitles the holder to purchase one class A ordinary share at a price of $11.50 per share. The transaction will include participation from LRT Capital1 LLC for $3,800,000, EarlyBirdCapital, Inc. and ABN AMRO Securities (USA) LLC for $200,000. The company has granted an over-allotment option to issue an additional 375,000 warrants, including 356,250 warrants to be purchased by LRT Capital1 LLC and 18,750 warrants to be purchased by EarlyBirdCapital, Inc. and ABN AMRO Securities (USA) LLC. The transaction will close simultaneously with the closing of the IPO of the company.