Atlantic Coastal Acquisition Corp. announced that Anthony D. Eisenberg resigned from the Board. Mr. Eisenberg's decision did not reflect any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

Notwithstanding his resignation from the Board, Mr. Eisenberg will continue to serve as Chief Strategy Officer of the Company. As a result of Mr. Eisenberg's resignation, the Company regained compliance with the requirement under the Listing Rules that the majority of the members of the Board are independent directors. in addition to accepting Mr. Eisenberg's resignation fro,m the Board, the Company made the following modifications to the Board: Joanna Lord was appointed to the Compensation Committee of the Board, Iqbaljit Kahlon was named chairman of the Compensation Committee, Dove was appointed to the Audit Committee of the Board, Iqbaljit Kahlon was named chairman of the Audit Committee.