Schultze Special Purpose Acquisition Corp. Announces Filing of a Registration Statement on SEC Form S-4 in Connection with its Proposed Business Combination with Clever Leaves, a Large-Scale Pharmaceutical-Grade Multi-National Cannabis Operator

Schultze Special Purpose Acquisition Corp. (NASDAQ: SAMA, SAMAW, and SAMAU) (“SAMA”) announced today that Clever Leaves Holdings Inc. (“Holdco”) filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (the “Registration Statement”), which includes a preliminary proxy statement of SAMA, in connection with its proposed business combination with Clever Leaves International Inc. (“Clever Leaves” or the “Company”) pursuant to which Holdco, a newly formed holding company, will acquire SAMA and Clever Leaves (the “Business Combination”).

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