Forum Merger III Corporation (FIIIU)

Labaton Sucharow LLP (“Labaton Sucharow”) announces that on April 4, 2022, it filed a securities class action lawsuit on behalf of its client Pierre Fontaine against Electric Last Mile Solutions, Inc. and its predecessor company Forum Merger III Corp. (“ELMS,” “FIIU,” or the “Company”) (NASDAQ: ELMS, ELMSW, FIII, FIIIU, FIIIW), and certain of its executives (collectively, “Defendants”). The action, captioned Fontaine v. Electric Last Mile Solutions, Inc., No. 22-cv-1902 (D.N.J.), asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and U.S. Securities and Exchange Commission (“SEC”) Rule 10b-5 promulgated thereunder, on behalf of all persons or entities that purchased or otherwise acquired ELMS and/or FIIU securities between November 12, 2020 and February 1, 2022, inclusive (the “Class Period”).

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corporation (“ELMS” or the “Company”) (NASDAQ: ELMS; ELMSW; FIII; FIIIW; FIIIU) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired ELMS securities between March 31, 2021 and February 1, 2022, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/elms.

Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. (NASDAQ: ELMS, ELMSW, FIII, FIIIU, FIIIW) between March 31, 2021 and February 1, 2022, inclusive (the “Class Period”). The lawsuit seeks to recover damages for ELMS investors under the federal securities laws.

Electric Last Mile, Inc. and Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum”) today announced the completion of the companies’ previously announced business combination. The business combination was approved by Forum stockholders on June 24, 2021. The merger has resulted in Electric Last Mile Solutions, Inc. (“ELMS” or the “Company”), a pure-play commercial electric vehicle company, becoming a publicly traded company and its common stock and warrants are expected to begin trading on the Nasdaq Stock Market under the ticker symbols “ELMS” and “ELMSW”, respectively, on June 28, 2021.

Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum” or the “Company”) and Electric Last Mile, Inc. (“ELMS”) today announced that Forum’s stockholders have approved all proposals related to the companies’ previously announced business combination.

Forum Merger III Corporation (Nasdaq: FIII, FIIIU, FIIIW) (“Forum” or the “Company”) and Electric Last Mile, Inc. (“ELMS”) today announced that Forum’s management team purchased approximately $4.9 million, or 500,000 shares, of Forum’s common stock on the open market.

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