Atlantic Coastal Acquisition II Announces Separate Trading of Its Series A Common Stock and Warrants Effective March 7, 2022 – Form 8-K

Atlantic Coastal Acquisition Corp. II Announces Separate Trading of Its Series A Common Shares and Warrants Effective March 7, 2022

NEW YORK, March 4, 2022 /PRNewswire/ – Atlantic Coastal Acquisition Corp. II (the “Company”)

announced that effective March 7, 2022, holders of units sold in the Company’s initial public offering will be able to elect to separately trade the Company’s Series A common shares and warrants included in the units. No Fractional Warrants will be issued upon separation of Units and only whole Warrants will be traded. These unseparated units will continue to trade on the Nasdaq Global Market (“Nasdaq”) under the symbol “ACABU”, and the Series A common stock and warrants that are separated will trade on the Nasdaq under the symbols “ACAB ” and ” ACABW”, respectively. Unitholders should instruct their brokers to contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, to separate the units into Series A common stock and warrants.

The Units were originally offered by the Company on a bought deal basis. Cantor Fitzgerald & Co. acted as sole portfolio manager for the offering and Academy Securities, Inc. and Siebert Williams Shank & Co., LLC acted as co-managers for the offering. A registration statement relating to the Units and the underlying securities was declared effective by the Securities and Exchange Commission (the “SEC”) on January 13, 2022.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of the Company, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or territory. The offering has been made solely by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co. at 499 Park Avenue, New York, NY 10022, or by email at [email protected]

About Atlantic Coastal Acquisition Corp. II

The Company is a blank check corporation incorporated in Delaware for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or several companies.

Contact

Please send your inquiries to [email protected]

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 other than statements of historical facts included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, insofar as they relate to us or our management team, identify forward-looking statements. These forward-looking statements are based on the beliefs of management, as well as assumptions made by the management of the Company and information currently available to it. Actual results could differ materially from those contemplated by the forward-looking statements due to certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or 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 Company’s control, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the IPO of the Company filed with the SEC. The Company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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