 SANTA CLARA, Calif., Feb. 01, 2021 GLOBE NEWSWIRE -- Agora, Inc. NASDAQ: API Agora or the Company, a pioneer and leading platform for real-time engagement APIs, today announced that an accredited investor had agreed to purchase through a private placement a total of US250 million of newly issued Class A ordinary shares of the Company, representing approximately 4.5 of the Companys total outstanding shares. The private placement is expected to be closed in February 2021, subject to the satisfaction or waiver of customary closing conditions. 