Environmental Impact Acquisition corp. Files Proxy Statement/Prospectus For Feb 1, 2022 Special Meeting To Approve Proposed Business Combo With GreenLight Bio

Environmental Impact Acquisition Corporation (NASDAQ:ENVI) ("ENVI"), a publicly-traded special purpose acquisition company, announced today that ENVI's definitive proxy statement/prospectus (the "Proxy Statement") relating to the previously announced business combination with GreenLight Biosciences, Inc. ("GreenLight"), a biotechnology company focused on RNA research, design, and manufacturing for human, animal, and plant health, has been filed with the U.S. Securities and Exchange Commission (the "SEC") on January 13, 2022.

ENVI has commenced mailing of the Proxy Statement and a notice and voting instruction form or a proxy card relating to the special meeting of ENVI stockholders (the "Special Meeting") to ENVI stockholders of record as of the close of business on December 29, 2021 (the "Record Date"), who will be entitled to attend and participate in the Special Meeting.

The Special Meeting to approve the proposed business combination and related matters is scheduled to be held on February 1st, 2022 at 9:00 A.M. Eastern time. The Special Meeting will be conducted completely virtually, and can be accessed via live webcast at www.virtualshareholdermeeting.com/ENVI2022SM. If the proposals at the Special Meeting are approved, the parties anticipate that the business combination will close and the trading of the combined entity will commence on NASDAQ shortly thereafter, subject to the satisfaction or waiver, as applicable, of all other closing conditions.

The ENVI Board of Directors believes the proposed business combination is in the best interests of ENVI and its stockholders, and recommends that ENVI stockholders vote "FOR" the adoption and approval of the Business Combination Agreement, dated as of August 10, 2021 (as amended by the First Amendment to the Business Combination Agreement, dated July 27, 2021), by and among ENVI, GreenLight, as well as all other proposals included in ENVI's Proxy Statement.

Every stockholder's vote is important, regardless of the number of shares held. Accordingly, ENVI requests that each stockholder complete, sign, date and return a proxy card (online or by mail) as soon as possible so that their votes arrive no later than 11:59 P.M. on January 31, 2022, to ensure that the stockholder's shares will be represented at the Special Meeting. Stockholders that hold shares in "street name" (i.e., those stockholders whose shares are held of record by a broker, bank or other nominee) should contact their broker, bank or nominee to provide instructions on how to vote their shares and ensure that their shares are voted.

If any individual ENVI stockholder does not receive the Proxy Statement, such stockholder should (i) confirm their Proxy Statement's status with their broker or (ii) contact D.F. King, ENVI's proxy solicitor, for assistance via e-mail at [email protected] or toll-free call at (866) 620-2535. Banks and brokers can place a collect call to (212) 269-5550.

ENVI expects to provide stockholders with additional information on how stockholders may vote their shares on its website in the coming days.