North Mountain Merger Corp. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- North Mountain Merger Corp. (NASDAQ: NMMC) (“North Mountain” or the “Company”), a publicly-traded special purpose acquisition company, today announced that it will redeem all of its outstanding shares of Class A common stock, par value $0.0001 (the “public shares”), effective as of the close of business on September 30, 2022, because North Mountain will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”).