Corcentric to Participate in the Needham Virtual FinTech & Digital Transformation 1x1 Conference

NEW YORK, NY, and CHERRY HILL, NJ, August 5, 2022 – Corcentric, a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies, today announced its participation in the Needham Virtual FinTech & Digital Transformation 1×1 Conference on Wednesday, August 17, 2022.  Founder, CEO, and Chairman Doug W. Clark, President and COO Matt Clark, and CFO Tom Sabol will be available for one-on-one and small group meetings with investors.

As a reminder, in December 2021 Corcentric announced its plans to become a publicly-listed company through a business combination with North Mountain Merger Corp. (NASDAQ: NMMC) (“NMMC” or “North Mountain”), a publicly traded special purpose acquisition company.

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 in the third 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.