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Atlantic Coastal Acquisition Corp. has announced the issuance of an additional 4,500,000 units following the full exercise of the underwriters' over-allotment option in its initial public offering. Priced at $10.00 per unit, this issuance generated an extra $45,000,000, raising the total gross proceeds to $345,000,000. Starting April 26, 2021, holders of these units can separately trade the shares of Class A common stock and warrants. The units will continue to trade on Nasdaq under the symbol 'ACAHU.'
