Stratim Cloud Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing May 3, 2021


INCLINE VILLAGE, NV, April 30, 2021 (GLOBE NEWSWIRE) - Stratim Cloud Acquisition Corp. (Nasdaq: SCAQU) (the “Company”, “we” or “our”) today announced that, effective May 3, 2021, shareholders will acquire 25,000 of the shares in the Company's initial public offering on March 16, 2021 .000 Shares have been sold, the Class A common shares and the redeemable warrants contained in the Shares can be traded separately. These non-segregated shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "SCAQU" and the shares of Class A common stock and redeemable warrants that are segregated will trade on the Nasdaq under the symbol "SCAQ" . or "SCAQW". When the Shares are split, no broken warrants will be issued and only whole warrants will be traded. Holders of shares must contact their brokers with Continental Stock Transfer & Trust Company, the company's transfer agent, to split the shares into Class A common shares and redeemable warrants.

The shares were originally offered by the company as part of a subscribed offer. BofA Securities and Cowen acted as joint book-running managers. A registration statement relating to the Shares and the underlying securities was made effective on March 11, 2021 by the Securities and Exchange Commission (the "SEC").

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Company's securities, nor may a sale of such securities take place in any state or jurisdiction in which such offer, solicitation or sale may be made would have been previously unlawful to register or qualify under the securities laws of such state or jurisdiction.

The offer was made only through a prospectus, copies of which are available free of charge on the SEC website at www.sec.gov or from BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attn: Prospectus Department or by email to dg.prospectus_requests@bofa.com; or Cowen, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, Attn: Prospectus Department, or by email at PostSaleManualRequests@broadridge.com.

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over Stratim Cloud Acquisition Corp.

Stratim Cloud Acquisition Corp. is a special-purpose acquisition company. While the company can pursue an initial business combination target in any industry or geographic location, it intends to focus its search on a target company in the technology sector.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release other than historical facts are forward-looking statements. In this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions relating to us or our management team identify forward-looking statements. Such forward-looking statements are based on management's beliefs and on assumptions and information currently available to the company's management. Actual results could differ materially from those projected in the forward-looking statements due to certain factors listed in the company's filings with the SEC. All subsequent written or oral forward-looking statements that are attributable to us or to persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the company, including those set out in the Risk Factors section of the company's registration statement and prospectus relating to the company's SEC filings. The company assumes no obligation to update these statements for changes or additions after the date of this publication, unless required by law.

investor Contact:

Sreekanth Ravi
managing Director
Stratim Cloud Acquisition Corp.
1605 Pine cone circle
Incline Village, Nevada 89451
Phone: (775) 318-3629
Email: sreekanth@stratimcloud.com

Zachary Abrams
Chief Strategy Officer and Chief Financial Officer
Stratim Cloud Acquisition Corp.
1605 Pine cone circle
Incline Village, Nevada 89451
Phone: (775) 318-3629
Email: zach@stratimcloud.com

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