March 20 (Reuters) - HHG Capital Corp ( HHGC ):

* HHG CAPITAL-DETERMINED IT HAD NOT APPROPRIATELY ACCOUNTED

FOR

INTEREST EARNED ON INVESTMENTS HELD IN TRUST ACCOUNT ESTABLISHED

IN CONNECTION WITH IPO

* HHG CAPITAL CORP ( HHGC ) - INTEREST EARNED ON INVESTMENT HELD IN

TRUST

ACCOUNT, NET INCOME, AND ORDINARY SHARES SUBJECT TO REDEMPTION

WERE MISSTATED

* HHG CAPITAL CORP ( HHGC ) - INTEREST INCOME WAS RECORDED BASED ON

ACTUAL

CASH RECEIPT INSTEAD OF ON AN ACCRUAL BASIS

* HHG CAPITAL-CONCLUDED ERRORS WERE MATERIAL TO FINANCIAL

STATEMENTS FOR FY ENDED DEC 31, 2022, QTRS ENDED MARCH 31, 2023,

JUNE 30, 2023, SEPT 30, 2023

* HHG CAPITAL CORP ( HHGC ) - PREVIOUSLY ISSUED FINANCIAL STATEMENTS

SHOULD

NO LONGER BE RELIED UPON AND WOULD REQUIRE CERTAIN RESTATEMENT

ADJUSTMENTS

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