On April 12, 2023, Atlantic Coastal Acquisition Corp. II, a Delaware corporation (the “Company”), adjourned, without conducting any business,
the special meeting of its stockholders to be held with respect to the extension of the time the Company has to consummate an initial business combination (the “Special Meeting”), which was scheduled to occur at 12:00 p.m., Eastern time,
on April 12, 2023, and will reconvene at 9:30 a.m., Eastern time, on April 18, 2023. The Special Meeting will still be held virtually at www.cstproxy.com/atlanticcoastalacquisitionii/2023.
In connection with the adjournment of the Special Meeting, the Company is extending the deadline for holders of its Series A common stock to exercise their
right to redeem their shares for their pro rata portion of the funds available in the Company’s trust account, or to withdraw any previously delivered demand for redemption, to 4:00 p.m. Eastern time, on April 14, 2023 (two business days
before the Special Meeting).
Forward-Looking Statements
Certain statements made in this Current Report are “forward looking statements” within the meaning of the “safe harbor” provisions of the
United States Private Securities Litigation Reform Act of 1995. When used in this Current Report, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words
or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect
actual results or outcomes include: the risk that approval of the Company’s stockholders for the extension is not obtained; the inability of the Company to enter into a definitive agreement with respect to an initial business combination within
the time provided in the Company’s amended and restated certificate of incorporation; the level of redemptions made by the Company’s stockholders in connection with the extension and its impact on the amount of funds available in the
Company’s trust account to complete an initial business combination; and those factors discussed in the Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the SEC
on April 3, 2023, under the heading “Risk Factors,” and other documents of the Company filed, or to be filed, with the SEC. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by law.