NEW YORK, NY, and CHERRY HILL, NJ, March 29, 2022 – Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies, and North Mountain Merger Corp. (NASDAQ: NMMC) (“NMMC” or “North Mountain”), a publicly traded special purpose acquisition company, today announced that they will host a virtual analyst day on Thursday, April 7, 2022, beginning at 10:00 a.m. ET. The presentation is expected to conclude around 12:00 p.m. ET.

The event will feature presentations from Corcentric executives, including Founder, CEO, and Chairman Douglas W. Clark, President and COO Matt Clark, CFO Tom Sabol, and CRO Fritz Smith, and North Mountain CEO Chuck Bernicker.

A live webcast and replay of the presentation will be available following the virtual analyst day on Corcentric’s investor relations website at https://corcentric.com/investors/ and on North Mountain’s website at https://northmountainmerger.com/.

Transaction Overview
As previously announced on December 10, 2021, Corcentric and North Mountain announced that they have entered into a definitive agreement to consummate a business combination (the “Transaction”). Upon the closing of the Transaction, the combined entity (the “Company”) will be named Corcentric Inc. and will become a publicly traded company. The Company’s common stock is expected to be listed on the Nasdaq Global Market.

The Transaction has been unanimously approved by the Board of Directors of Corcentric and the Board of Directors of North Mountain and is expected to close late in the second quarter of 2022, subject to the satisfaction of customary closing conditions, including the receipt of requisite regulatory approvals and the approval of the shareholders of North Mountain.

About Corcentric
Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies. Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue. To learn more, please visit corcentric.com.

About North Mountain Merger Corp.
North Mountain Merger Corp. is a special purpose acquisition company (or SPAC) which raised $132.25 million in its IPO in September 2020 and is listed on the Nasdaq Capital Market (NASDAQ: NMMC). North Mountain Merger Corp. was founded to pursue an initial business combination, with a specific focus on businesses in the financial technology segment of the broader financial services industry. For more information, please visit www.northmountainmerger.com.

Investor Contact for Corcentric:
Ankit Hira or Ed Yuen
Solebury Trout for Corcentric
[email protected]
(800) 846-6166

Media Contact for Corcentric:
Nancy Pearson
Chief Marketing Officer
[email protected]

Contact for North Mountain Merger Corp.
Charles B. Bernicker
(646) 446-2700

MEDIA CONTACT

Rob Tacey
Director, Communications & Public Relations
[email protected]
(302) 897-3094

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