Bitcoin Depot to Present at Needham’s 25th Annual Growth Conference

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Logo GSR II Meteora Acquisition Corp.

ATLANTA, Jan. 05, 2023 (GLOBE NEWSWIRE) — Lux Vending LLC dba Bitcoin Depot Inc. (Bitcoin Depot), a U.S.-based Bitcoin ATM (BTM) operator and leading fintech company, has announced today that he will be attending the 25th Annual Needham Growth Conference being held at the Lotte New York Palace Hotel.

The leadership team will present on Wednesday, January 11, 2023 at 1:30 p.m. ET. A live webcast and replay of the event will be available here. Additionally, management will be hosting one-on-one and small group meetings with institutional investors throughout the day.

To receive additional information or to schedule a one-on-one meeting, please contact your conference representative or the Bitcoin Depots Investor Relations team at [email protected].

About Bitcoin Depot

Bitcoin Depot was founded in 2016 with a mission to connect those who prefer to use cash to the broader digital financial system. Bitcoin Depot provides its users with easy, efficient, and intuitive ways to convert money into cryptocurrency, which users can deploy in the payment, spending, and investing space. Users can convert cash into cryptocurrency at Bitcoin Depots kiosks and thousands of branded outlets through BDCheckout. The company has the largest market share in North America with around 7,000 outlets. Learn more at www.bitcoindepot.com.

On August 24, 2022, Bitcoin Depot and GSR II Meteora Acquisition Corp. (GSRM), a special purpose acquisition company, have entered into a definitive agreement for a business combination that will make Bitcoin Depot a public company listed on the Nasdaq under the ticker symbol BTM.

About GSR II Meteora Acquisition Corporation

GSR II Meteora Acquisition Corporation (NASDAQ: GSRM) is a blank check corporation formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization or business combination. similar businesses with one or more businesses. Our leadership team is led by Co-CEOs Gus Garcia and Lewis Silberman, President Anantha Ramamurti and Chief Financial Officer Joseph Tonnos. The company was created in partnership with Meteora Capital, an investment advisor specializing in SPAC-related investments. For more information, please visit www.gsrmet.com.

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Not an offer

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval.

Forward-looking statements

The information in this press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of words such as estimate, plan, project , forecast, intend, forecast, anticipate, believe, seek, target or other similar expressions that predict or indicate future events or trends or are not statements of historical matters, although all forward-looking statements do not contain such identifying words. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of financial and performance measures and expectations and timing related to the potential benefits, terms and timing of the proposed business combination. These statements are based on various assumptions, whether or not identified in this press release, and the current expectations of Bitcoin Repository and GSRM management and are not predictions of actual performance. These forward-looking statements are provided for informational purposes only and are not intended to serve as, and should not be relied upon by, any investor as a guarantee, assurance, prediction or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from the assumptions. Many actual events and circumstances are beyond the control of Bitcoin Depot and GSRM. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; the parties’ inability to successfully or timely complete the proposed business combination, including the risk that required regulatory approvals may not be obtained, may be delayed or may be subject to unforeseen conditions that could adversely affect the combined company or the expected benefits of the proposed combined business or that GSRM or Bitcoin Depot shareholder approval is not obtained; failure to realize the anticipated benefits of the proposed business combination; risks related to the uncertainty of projected financial information regarding Bitcoin Depot; future global, regional or local economic and market conditions; the development, effects and application of laws and regulations; Ability of Bitcoin Depots to handle future growth; Ability of Bitcoin Depots to develop new products and services, bring them to market in a timely manner, and make improvements to its platform; the effects of competition on the future business of Bitcoin Depots; the amount of redemption requests made by public shareholders of GSRM; the ability of GSRM or the combined company to issue stock or stock-like securities in connection with the proposed business combination or in the future; the outcome of any potential litigation, governmental and regulatory proceedings, inquiries and investigations; and the factors described or referenced in GSRM’s initial final public offering prospectus dated February 24, 2022 and its most recent quarterly report on Form 10-Q for the quarter ended September 30, 2022, in each case under the heading Factors risk, and other GSRM documents filed or to be filed from time to time with the United States Securities and Exchange Commission (SEC). If one of these risks materializes, or if our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither Bitcoin Depot nor GSRM is currently aware of or that Bitcoin Depot and GSRM currently believe are not material, which could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Bitcoin Depots’ and GSRM’s expectations, plans or forecasts regarding future events and beliefs as of the date of this press release. Bitcoin Depot and GSRM anticipate that subsequent events and developments will cause Bitcoin Depot and GSRM valuations to change. However, while Bitcoin Depot and GSRM may elect to update these forward-looking statements at some time in the future, Bitcoin Depot and GSRM specifically disclaim any obligation to do so, except as otherwise required by applicable law. These forward-looking statements should not be taken to represent the assessments of Bitcoin Depots and GSRM as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.

Additional information on the proposed business combination and where to find it

The proposed business combination will be submitted to GSRM shareholders for consideration. Copies of the proxy statement (a preliminary filing of which has been made with the SEC) will be sent (if any) to all GSRM stockholders once final. GSRM also plans to file additional documents with the SEC regarding the proposed business combination. GSRM will send copies of the definitive proxy statement and other relevant materials to its shareholders on the established record date to vote on the proposed business combination. GSRM shareholders and other interested persons are advised to read the preliminary proxy statement and any amendments thereto and, once available, the definitive proxy statement, together with all other relevant filings. or which will be filed with the SEC, in connection with GSRM’s solicitation. of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed business combination, as these documents will contain important information about GSRM, Bitcoin Depot and the proposed business combination. Shareholders may also obtain a copy of the preliminary proxy statement and, when available, the definitive proxy statement, as well as other documents filed with the SEC relating to the proposed business combination and other documents filed with the SEC by GSRM, toll-free, at the SEC’s website at www.sec.gov or by directing a request to Cody Slach or Alex Kovtun, (949) 574-3860, GSRM@ gatewayir.com.

Participants in the solicitation

GSRM, Bitcoin Depot and certain of their respective directors, officers and other officers and employees may, under SEC rules, be considered participants in the solicitation of proxies from GSRM stockholders in connection with the business combination. proposed companies. Information regarding the persons who may, under SEC rules, be considered participants in the solicitation of GSRM shareholders in connection with the proposed business combination are set forth in the preliminary proxy statement which has been filed with the SEC. You can find more information about GSRM’s directors and officers in GSRM’s final IPO prospectus dated February 24, 2022 and filed with the SEC on February 28, 2022. Additional information regarding participants in the solicitation of proxies and a description of their direct relationships and indirect interests will be included in the definitive proxy statement and in other relevant documents that will be filed with the SEC when they become available. Shareholders, potential investors and other interested persons should carefully read the proxy statement when it becomes available before making any voting or investment decisions. You can obtain copies of these documents free of charge from the sources listed above.

contacts:

Investors Cody Slach, Alex Kovtun Gateway Group 949-574-3860 [email protected]

Media Zach Kadletz, Brenlyn Motlagh, Ryan Deloney Gateway Group 949-574-3860 [email protected]

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