Atlantic Coastal Acquisition Corp. Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

NEW YORK, Aug. 18, 2023 /PRNewswire/ — Atlantic Coastal Acquisition Corp. (NASDAQ: ACAH) (the “Company”), a special purpose acquisition corporation, today announced that it will redeem all of its outstanding shares of Class A common stock (the “public shares”), effective as of August 18,…