On June 15, 2023, Coliseum Acquisition Corp., a Cayman islands exempted company (the “Company”), Coliseum Acquisition Sponsor LLC (“Sponsor”) and Berto LLC, an affiliate of Harry L. You (the “Acquirer”), entered into a Purchase Agreement (the “Purchase Agreement”) pursuant to which Sponsor agreed to sell to Acquirer, and Acquirer agreed to purchase from Sponsor an aggregate of (i) 2,625,000 Class B ordinary shares, $0.001 par value per share, of the Company (the “Class B ordinary shares”) and (ii) 2,257,500 private placement warrants of the Company (the “Private Placement Warrants”) held by Sponsor (collectively, the “Transferred Securities”) for an aggregate purchase price (the “Purchase Price”) of $1.00 plus Acquirer’s agreement to advance funds to the Company in connection with the shareholder vote to approve the Extension (as defined below) (the “Transaction”). Pursuant to the Purchase Agreement, effective June 26, 2023, Andrew Fishkoff resigned as the Company’s Chief Operating Officer and General Counsel. Additionally, pursuant to the Purchase Agreement, the Company’s current independent directors, Andrew Heyer, Ezra Kucharz, Jim Lanzone, Rich Paul, and Romita Mally, have tendered their resignations from the board of directors as well as from each committee of the board of directors on which he or she currently serves, to be effective as of the later of (i) ten days after the Closing Date, or (ii) the Company’s acceptance of such resignation.