Nothing is finally announcing its debut smartphone — the Nothing Phone 1 — at a launch event on July 12.

Led by OnePlus co-founder Carl Pei, it’s the well-funded startup’s second product released following last year’s Ear 1 true wireless earbuds.

The Nothing Phone 1 will be sold with a modest starting price of £399 (the equivalent of around $475 USD, though it’s not getting a widespread release in the US) when it goes on sale on July 21st. £399 gets you the model with 8GB of RAM and 128GB of storage, the model with 12GB of RAM and 256GB of storage goes on sale later this summer for £499 (around $593 USD).

The Nothing Phone 1 isn’t getting a full release in the US. Instead, Nothing says the Phone 1 will release across over 40 markets, including the UK, Japan, India, and countries in mainland Europe.