Boxwood Merger Corp. to Adjourn Special Meeting of Stockholders Until February 6, 2020 to Provide Investors with Additional Time to Consider the Now Fully-Financed Business Combination

Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a special purpose acquisition company, today announced that it intends to convene and then adjourn, without conducting any other business, the adjourned special meeting in lieu of the 2019 annual meeting of stockholders of Boxwood (the “special meeting”), scheduled to occur on Thursday, January 30, 2020, at 10:00 a.m., Eastern Time, until Thursday, February 6, 2020, at 10:00 a.m., Eastern Time, at the offices of Winston & Strawn LLP, located at 200 Park Avenue, New York, NY 10166.

Based on positive investor feedback to the financing arrangements announced yesterday in support of Boxwood’s proposed business combination (the “business combination”) with Atlas Intermediate Holdings LLC (“Atlas”), Boxwood is adjourning the special meeting to provide investors with additional time to consider the now fully-financed business combination.

The special meeting is being held to vote on the proposals described in Boxwood’s definitive proxy statement, filed with the U.S. Securities and Exchange Commission (the “SEC”) on November 12, 2019 (the “definitive proxy statement”), relating to the proposed business combination with Atlas. Boxwood and Atlas expect to close the business combination shortly after the special meeting, subject to the approval of Boxwood’s stockholders at the special meeting and other closing conditions.

In connection with the adjournment of the special meeting, Boxwood has extended the deadline by which holders of Boxwood’s shares of Class A common stock may request that Boxwood redeem all or a portion of such shares for cash if the business combination is consummated to Tuesday, February 4, 2020, at 5:00 p.m., Eastern Time (two business days prior to the vote at the adjourned special meeting), in accordance with the procedures described in the definitive proxy statement.

About Atlas Technical Consultants

Headquartered in Austin, Texas, Atlas is a leading provider of professional testing, inspection engineering and consulting services under the name Atlas Technical Consultants, offering solutions to public and private sector clients in the transportation, commercial, water, government, education and industrial markets. With more than 100 offices in 40 states and over 3,200 employees, Atlas provides a broad range of mission-critical technical services, helping clients test, inspect, certify, plan, design and manage a wide variety of projects across diverse end markets. For more information, go to https://www.oneatlas.com.