Business
Minority Equality Opportunities Acquisition Inc. Announces Extension of Deadline to Complete Business Combination
Minority Equality Opportunities Acquisition Inc. Announces Extension of Deadline to Complete Business Combination.
About this update from Digerati Technologies, Inc.
[{"type":"text","content":"\n\n\n\nMinority Equality Opportunities Acquisition Inc. Announces Extension of Deadline to Complete Business Combination\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMinority Equality Opportunities Acquisition Inc. Announces Extension of Deadline to Complete Business Combination\nPR Newswire\nWAXAHACHIE, Texas, Dec. 5, 2022\n\n\n\nWAXAHACHIE, Texas, Dec. 5, 2022 /PRNewswire/ -- Minority Equality Opportunities Acquisition Inc. (NASDAQ: MEOA) (\"MEOA\" or the \"Company\") announced today that, at a special meeting of its stockholders held on November 29, 2022, its stockholders had approved an amendment to its amended and restated certificate of incorporation to extend the date by which the Company must consummate its initial business combination from November 30, 2022 up to six one-month extensions to May 30, 2023, or such earlier date as determined by the Company's board of directors. In connection with each one-month extension, funds in the amount of $83,333.33 must be deposited into the Company's trust account, for an aggregate deposit for the full six month extension period of $500,000.\nOn November 30, 2022, $83,333.33 was deposited into the Company's trust account to extend the period by which the Company must consummate its initial business combination for the first of such one-month extensions.\nThe extension provides the Company with additional time to complete its proposed business combination with Digerati Technologies, Inc. pursuant to the Business Combination Agreement dated as of August 30, 2022 between the Company and Digerati Technologies, Inc.\nAbout Minority Equality Opportunities Acquisition Inc.Minority Equality Opportunities Acquisition Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, organized under the laws of Delaware and formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with companies that are minority owned, led or founded.\nAbout Digerati Technologies, Inc.Digerati Technologies, Inc. (OTCQB: DTGI) is a pro...