InterPrivate III Financial Partners Inc. Announces Extension of Deadline to Complete Initial Business Combination To June 9, 2023

 InterPrivate III Financial Partners Inc. (NYSE:IPVF, IPVF, IPVF WS))))) (the "Company"), announced today that its board of directors (the "Board") has decided to extend the date by which the Company must consummate an initial business combination (the "Deadline Date") from May 9, 2023 for an additional month, to June 9, 2023, the third of three potential one-month extensions of the Deadline Date available to the Company.

The Company's Amended and Restated Certificate of Incorporation (the "Charter") provides the Company the right to extend the Deadline Date up to three times for an additional one month each time (each, an "Extension"), from March 9, 2023 to up to June 9, 2023. As previously disclosed, in December 2022, the Board had implemented a first Extension and had extended the initial Deadline Date to April 9, 2023. Also as previously disclosed, on March 29, 2023, the Board had implemented a second Extension to May 9, 2023. On May 3, 2023, pursuant to the Charter, the Board determined to implement a third Extension to allow additional time for the Company to complete its initial business combination. In connection with the third Extension, the Company deposited $120,100.56 for the third month of the Extension. On May 3, 2023, the Company deposited such contribution into the Company's trust account.