Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.





Appointment of Director

Effective as of March 8, 2021, pursuant to the bylaws of Group Nine Acquisition Corp. (the "Company"), the board of directors of the Company (the "Board") voted to expand the size of the Board from four to six and elected Jeffrey Zucker and Melinda Mount to the Board. Ms. Mount will serve as a director until the first annual meeting of stockholders and Mr. Zucker will serve as a director until the second annual meeting of stockholders.

Mr. Zucker and Ms. Mount were determined by the Board to be "independent" as defined in the applicable rules of The Nasdaq Capital Market ("NASDAQ") and the Securities and Exchange Commission. Ms. Mount has been appointed to serve as a member of the audit committee.

On March 8, 2021, the Company transferred 25,000 shares of the Company's Class B common stock, $0.0001 par value per share, to each of Mr. Zucker and Ms. Mount.

In connection with their respective appointments to the Board, each of Mr. Zucker and Ms. Mount will enter into a joinder to the letter agreement on substantially the same terms as previously entered into by and between the Company and each of its other directors in connection with the Company's initial public offering, which was previously filed as Exhibit 10.1 to the Company's Current Report on Form 8-K on January 20, 2021 and is incorporated herein by reference. Additionally Mr. Zucker and Ms. Mount will enter into the Company's standard indemnity agreement.

Other than the foregoing, there are no arrangements or understandings between each of Mr. Zucker or Ms. Mount and any other persons pursuant to which Mr. Zucker or Ms. Mount were appointed as a director of the Company. In addition, there are no family relationships between Mr. Zucker or Ms. Mount and any director, executive officer, or person nominated or chosen by the Company to become a director or executive officer. Furthermore, since the inception of the Company, there have been no transactions in which the Company was or is to be a participant and the amount involved exceeds $120,000, and in which Mr. Zucker or Ms. Mount had or will have a direct or material interest, and there are currently no such proposed transactions.




Item 8.01 Other Events.

On March 8, 2021, the Company issued a press release, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K, announcing that the holders of the Company's units may elect to separately trade the shares of Class A common stock and warrants included in the units commencing on March 8, 2021. Those units not separated will continue to trade on the NASDAQ under the symbol "GNACU," and each of the shares of Class A common stock and warrants that are separated will trade on the NYSE under the symbols "GNAC" and "GNACW," respectively.

On March 9, 2021, the Company issued a press release, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K, announcing the appointment of Mr. Zucker and Ms. Mount to the Board.

Item 9.01 Financial Statements and Exhibits.





  (d)  Exhibits.




Exhibit No.          Description of Exhibits

  99.1          Press Release dated March 8, 2021
  99.2          Press Release dated March 9, 2021

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