M III Acquisition Corp. (NASDAQ: MIII) today announced that its stockholders have approved the previously announced business combination with IEA Energy Services LLC, a leading engineering, procurement and construction ("EPC") company in the renewable energy sector. The transaction is expected to close on or shortly after March 23, 2018, upon which time, M III will be renamed "Infrastructure and Energy Alternatives, Inc.

Following the completion of the business combination, the Company will hold all of the existing renewable energy EPC businesses (the "IEA Businesses") of IEA, including the Infrastructure and Energy Alternatives family of companies, led by White Construction, Inc. and IEA Renewable Energy, Inc.

The proposal to approve the business combination received the affirmative vote of the holders of at least a majority of the outstanding shares of M III's common stock entitled to vote on the transaction. According to the final voting results, approximately 82.46% of the outstanding shares of common stock of M III, as of the close of business on February 9, 2018, the record date, voted and 98.81% of such shares voted in favor of the business combination.

The consummation of the business combination remains subject to the satisfaction or waiver of certain other closing conditions set forth in detail in the definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission ("SEC") by M III on February 9, 2018.

About M III

M III is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Upon the consummation of this business combination, M III will be renamed Infrastructure and Energy Alternatives, Inc.