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The Essentium Team

Atlantic Coastal Acquisition Corp. and Essentium Mutually Agree to Terminate Business Combination Agreement

Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) (“Atlantic Coastal”), a special purpose acquisition corporation focused on the future of mobility, announced today that it has terminated its previously announced business combination agreement with Essentium, Inc. (“Essentium” or the “Company”), a leading innovator of industrial additive manufacturing solutions, by mutual agreement of all relevant parties. As a result, Atlantic Coastal will seek an alternative business combination.

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