Forum Merger IV Corporation Announces Extension Of Deadline To Complete Initial Business Combination To May 22, 2023

 Forum Merger IV Corporation (NASDAQ:FMIV) ("FMIV" or the "Company")   announced today that its board of directors (the "Board") has elected to extend the date by which FMIV has to consummate a business combination (the "Deadline Date") from April 22, 2023 for an additional month to May 22, 2023, the first of seven potential one-month extensions of the Deadline Date available to FMIV.

FMIV's amendment to its Amended and Restated Certificate of Incorporation (the "Amended Charter") extended the Deadline Date from March 22, 2023 to April 22, 2023 and provided FMIV with the right to extend the date by which it must consummate an initial business combination up to seven times for an additional one month each time up to November 22, 2023. On April 17, 2023, pursuant to the Amended Charter, the Board determined to extend the Deadline Date to May 22, 2023 to allow additional time for FMIV to complete its initial business combination. In connection with the Board's determination to extend the Deadline Date to May 22, 2023, $175,000 was deposited into FMIV's trust account on April 18, 2023.